Long-term financial plan

(redirected from Long-Term Financial Planning)

Long-term financial plan

Financial plan covering two or more years of future operations.

Long-Term Financial Plan

An investment plan or strategy with a term of usually longer than one year. A long-term financial plan involves more uncertainty than anything short-term because, typically, market trends are more easily predictable in the short term. On the other hand, planning for the long-term is necessary in order to enjoy financial security in retirement. Thus, while planning for the long term is necessary, one's plan must be flexible to account for the uncertainty inherent to it.
References in periodicals archive ?
While these issuances have resulted in an overall decline in the university's financial flexibility, Fitch has considered the university's conservative, long-term financial planning as a significant mitigating factor to-date.
LLP, a major Long Island real estate accounting firm, where he was involved in a full-range of accounting work for co-ops and condominiums including long-term financial planning, auditing in preparation of certified financial statements, developing budgets, and preparing for and attending shareholder meetings.
It's clearer than ever that a comfortable, secure retirement, though certainly attainable, is not something that occurs without thorough preparation and long-term financial planning.
Durrani said the presence of State Life services at the embassy premises would help sensitise community members about the importance of life insurance services and long-term financial planning for their own families.
Councillors agreed for a long-term financial planning actions which will help the council to bridge the funding gap over the next 4 years.
With more than half of those surveyed citing [lack of early financial planning] as their overriding regret, it's clear that wealthy individuals value highly the benefits and opportunities that long-term financial planning brings them and their families, and that they understand the importance of routinely reviewing those plans to ensure that they always remain 'on track' to reach their financial goals," he said in a statement.
As CFO, Spear will provide strategic leadership over Unitus' financial Operations--including investments, risk management, long-term financial planning and accounting practices--and interact with regulatory bodies, the financial community and external auditors.
It also found 91 per cent of households where women were in charge of the long-term financial planning had savings, compared with 82 per cent of families where men had greater responsibility.
Among couples aged under 45, women are already behind more than half (52%) of long-term financial planning as well as 54% of bill payments.
The research revealed 87 per cent of Scottish households where women are in charge of long-term financial planning have money put away, compared with 84 per cent where the man is responsible.
Chang Sheng-ho, minister of finance, remarked that since PFI contracts may last 20-30 years, government units should pay special attention to long-term financial planning and establish periodical review system.
Covering a range of topics, including long-term financial planning, appropriate savings outlets, preparing for retirement income, the role of Stretch IRA and the economical impact on finances, the blog will provide readers with the necessary information needed for proper financial planning and savings.

Full browser ?