
Financial Goals Feel Impossible? Here's What You're Doing Wrong
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If you keep under-saving for financial goals, or feel like you can never reach them, you're probably missing 2 key elements of calculating your goal amounts.
Inflation and taxes are sneaky, but especially crucial to consider when working towards long-term goals.
Today I'm showing you how to calculate goal amounts correctly while including buffers for taxes and inflation.
Disclaimer:
Content produced by Money with Carla is intended as educational only. It does not substitute the need for professional investment advice. Although I do everything I can to ensure calculations are accurate, they could include errors. Please consult a licensed professional before investing in investment products. Money With Carla is not a licensed advisor and does not sell investment products.
If you keep under-saving for financial goals, or feel like you can never reach them, you're probably missing 2 key elements of calculating your goal amounts.
Inflation and taxes are sneaky, but especially crucial to consider when working towards long-term goals.
Today I'm showing you how to calculate goal amounts correctly while including buffers for taxes and inflation.
Disclaimer:
Content produced by Money with Carla is intended as educational only. It does not substitute the need for professional investment advice. Although I do everything I can to ensure calculations are accurate, they could include errors. Please consult a licensed professional before investing in investment products. Money With Carla is not a licensed advisor and does not sell investment products.
Chapters
- 00:00 Intro
- 01:20 What you need to know about inflation
- 02:15 What you can do to minimise effects of inflation
- 03:23 How to set financial goals considering taxes
- 04:44 How to plan for a future goal considering inflation and taxes
- 07:56 The difference stock market volatility makes
- 08:28 Increasing contributions with inflation
- 09:01 Return expectations and your time horizon

