Long-term financial plan

(redirected from Long-Term 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 ?
19 (BNA): A course on long-term planning in the field of sports, organized by the Bahrain Olympic Committee's Sports Training and Development Centre, got underway on Saturday.
TEHRAN (FNA)- Iranian Air Force Commander Brigadier General Hassan Shah Safi underlined the need for long-term planning in the field of parts manufacturing and indigenizing production of the parts and components needed for his force's fighter jets and aircraft.
ISLAMABAD, March 18, 2011 (Balochistan Times): President ICCI Mahfooz Elahi has said that to prepare a more comprehensive national plan of development, government should adopt long-term planning mechanism and make additions and alterations in the existing five year plan consistent with the changing economic conditions of the country.
ISLAMABAD, March 18, 2011 (Frontier Star): President ICCI Mahfooz Elahi has said that to prepare a more comprehensive national plan of development, government should adopt long-term planning mechanism and make additions and alterations in the existing five year plan consistent with the changing economic conditions of the country.
Why doesn't Coventry City Council put on similar consultation events about its long-term planning strategy?
There is practical information on medical emergencies, home adaptations, avoiding burnout, travel and leisure activities, and long-term planning.
Stepping up and taking a leadership role in economic development is necessary, because smaller cities with budget woes don't have adequate resources to devote to long-term planning.
The intent of the program is to build a comprehensive database to assist NYCHA in developing long-term planning needs for the rehabilitation and replacement of its facilities.
On the CEQA panel, many involved said they agree with proposals being discussed to streamline that process for urban infill development if projects meet certain requirements or fit long-term planning documents.
But farmers milking over 180 cows ranked return on capital and long-term planning as their two most important issues.
However farmers milking over 180 cows ranked return on capital and long-term planning as their two most important issues.
For a relatively young person without family obligations, such as Marsha, a financial plan should strike a balance between immediate needs, medium-term goals, and long-term planning.

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