Goals Discovery Worksheet — IFR Toolkit V3

How to use: Document every meaningful financial goal across the 8 categories below. For each, capture a target dollar amount, target date, and priority. Use Critical / Important / Nice-to-have to force ranking. The output is a prioritized goals table, a funding-gap total, and a 2026-2070 timeline that anchors every downstream calculator in the IFR Toolkit.

🌴1. RetirementWhen do you stop trading time for money?

Description

Target Retirement Age

Monthly Income Need (today's $)

Legacy Amount Desired

Currently Funded ($)

Priority: 1 · Critical 2 · Important 3 · Nice-to-have

🎓2. Education FundingCollege for each child

# of Kids

Default School Type

Currently Funded — Total ($)

Priority: 1 · Critical 2 · Important 3 · Nice-to-have

🏠3. Home / Real EstatePrimary residence & investment property

Primary Home Description

Target Purchase Year

Target Home Price

Down Payment Funded

Primary Home Priority: 1 · Critical 2 · Important 3 · Nice-to-have

Investment Property Description

Target Year

Target $ Amount

Currently Funded

Investment Property Priority: 1 · Critical 2 · Important 3 · Nice-to-have

✈️4. Major Purchases / LifestyleVacations, cars, weddings, sabbaticals

❤️5. Charitable / LegacyAnnual giving & charitable bequests

Description

Annual Giving Target ($/yr)

Charity Bequest Total ($)

Bequest Target Year

Currently Funded

Priority: 1 · Critical 2 · Important 3 · Nice-to-have

💼6. Business GoalsExit, valuation, succession (if applicable)

Business Description

Exit Target Year

Valuation Goal ($)

Succession Plan

Currently Funded ($)

Priority: 1 · Critical 2 · Important 3 · Nice-to-have

🛟7. Emergency FundLiquid cash for the unexpected

Description

Monthly Essential Expenses

Target Date (fully funded by)

Currently Funded ($)

Months of Expenses to Hold

3 months · lean 6 months · standard 12 months · conservative

Priority: 1 · Critical 2 · Important 3 · Nice-to-have

💳8. Debt-Free DateEliminate all non-mortgage debt

Description

Total Debt Today ($)

Target Debt-Free Date

Already Paid Down ($)

Priority: 1 · Critical 2 · Important 3 · Nice-to-have

📊 Goals SummaryLive totals across all categories

Goals Identified

SMART goals captured

Total Target $

Combined dollar objective

Currently Funded

Already saved/invested

Funding Gap

Still need to fund

📋 Prioritized Goals TableClick headers to sort

Priority ▲	Target Date	Category	Description	Target $	Funded $	Gap $
No goals yetFill in any section above and your goals will appear here, sorted by priority.

📅 Goals Timeline · 2026 - 2070Each bar shows target year and $ amount

← Back to V3 Phase 2.5 → Budget Builder

Next step: Once goals are captured and saved, every downstream calculator in the IFR Toolkit (Cash Flow Worksheet, Retirement Overview, Education Funding, Wealth Building Potential) pulls these targets automatically. The CFP 7-Step Process treats goals as the second step after data gathering — they drive every recommendation that follows.