Goal-based investing starts by identifying what you are investing for, when you may need the money and how much uncertainty you can accept along the way.
Goals may include
- Higher education and family milestones.
- Buying or upgrading a home.
- Long-term financial independence.
- Retirement and later-life needs.
These are planning themes, not recommendations for any particular scheme or asset allocation. Investment choices should take account of personal circumstances and risk.