Create passive income? YesNo
Improve lifestyle? (e.g Home, Vehicles, Education, Holidays) YesNo
Retire earlier? YesNo
Live comfortably in retirement? YesNo
Build a legacy for family? YesNo
Taking the above into consideration what is your overall property investment goal?
What is the motivation for this goal?
Why am I setting this goal now?
When should you get started and why?
Is it aligned with your overall objectives? YesNo
How can you measure your progress and know if you've successfully met your goal?
What asset value do you need for an improved lifestyle?
What annual income do you need in retirement? (use our retirement calculator)
How much passive income would you like?
Do you have the skills and time to achieve the goal? YesNo
If you can't obtain the skills or don't have the time, can you outsource to a professional? YesNo
Is the amount of effort required on par with what the goal will achieve? YesNo
What did your answers reveal? Do you need to review your goal statement and make a new one?
Review your goals frequently and make adjustments accordingly.
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