About Goals **Adviser Go, all regions**

What are Goals in AdviserGo?

Goals are trackable expenses in Voyant. You can set pre-retirement, retirement, education and milestones goals and your client can see the whether they can meet these lifestyle objectives.

A retirement goal, for example, is a good way to demonstrate to clients the likelihood of them meeting their income requirement in retirement.

Milestone Goal.

This is a one off goal, for example buying a new car, or remodelling the kitchen. First of all you should create an event on the Timeline. This article explains how to do that. Events *Adviser Go*

In this example, an event has been created to remodel the kitchen in the future. You can create a goal from DashBoard or Timeline. To create a goal click on the + button at the bottom right of the screen, select the goal tile and then Milestone Goal.

Complete the basic information of ownership, name of the goal and amount and then select Timing.

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Now we can link this milestone goal to the event created. To do this you drag and drop the 'New Kitchen' event, in this example, into the Milestone Timing Event box.

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Save the event by clicking Save in the top right.

(If you haven't already created an event in Timeline, you can double click on the timeline in the ‘timing’ screen when adding the goal to add one.)

You can view the progress of the goal by viewing the Dashboard.

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Retirement Goal.

A retirement goal is a good way to demonstrate to clients the likelihood of them meeting their income requirement in retirement.

You create a retirement goal from DashBoard or Timeline. Again, click on the + button at the bottom right of the screen, select the goal tile and then Retirement Goal.

Complete the basic information of ownership, name of the goal and amount and then select Timing.

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You can see here that this retirement goal is automatically scheduled to start at the retirement event and end at the mortality event.  You can edit the start and end events by dragging and dropping different events into the Expense Start and End boxes

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Don't forget to click Save (top right).

You can view the progress of the goal by viewing the Dashboard.

 

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Pre- Retirement Goal

You would model this as above but select Pre- Retirement rather than Retirement Goal. 

Education Goal

This is a great way to for your clients to track whether they can meet the education expenses they are  plan for.

You create an education goal from DashBoard or Timeline. Again, click on the + button at the bottom right of the screen, select the goal tile and then Education Goal.

Complete the basic information of ownership, name of the goal and amount and then select Timing. With regard to ownership, you can use the name of the child.

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You can see here that this education goal is automatically scheduled to start when Tommy is 18 years old  and end 4 years later when he is 22 years old. These events are automatically created by the software and you select YES to save them. 

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You can edit the start and end events by moving them along the timeline. For example, if the course duration is 3 years, you can move the event to when Tommy is 21. 

 Don't forget to click Save (top right).

Once again, you can view the progress of the goal by viewing the Dashboard.

 

Goals are in essence expenses and can be viewed from Lets See>Cashflow>Detailed Information>Expenses.

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Reports

Two reports can be generated which display the progress of the goals.  One covers the overall goals and one specifically covers the education goal.

Select the Reports tile and then select the Events & Goals report and/or Education Summary, click on Add Report and then Generate. 

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You may also find this article helpful.

Presenting the Timeline and Goals screen