Long-term financial plan

(redirected from Long Term Financial Plan)

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 ?
Finance official Paul Davis said: "The payments are included in the council's long term financial plan.
This project is included in the Division%s long term financial plan and will be funded through tipping fees.
The phased liner projects of the Tajiguas Landfill expansion have been included in the Division%s long term financial plan and will be funded through tipping fees.
While nearly half the investors in the Quick & Reilly survey periodically review the percentage of their assets they have in particular market sectors, only 29 percent said that in the past year they had reviewed their financial position and/or developed a long term financial plan with their broker.
Miller, who is a distinguished graduate of both the United States Military Academy (BS Civil Engineering 1980) and the Harvard Business School (MBA 1987), has been a financial consultant with Star over the past several months assisting in the development of a long term financial plan.

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