Stop Chasing Returns: Build a 20-Year Goal-Based Investment Map

• Long-term investing often fails due to lack of purpose for money; a goal-based map assigns a job and time horizon to every rupee.
• Start by listing specific life goals (e.g., child's education 2040, retirement age 60), assigning timelines and priority levels to each.
• Realistically estimate future costs by projecting current prices with conservative inflation, especially for education and healthcare.
• Match goals to asset buckets based on time horizons (growth for long-term, stable for short-term), rather than individual products.
• Create "mental accounts" for each goal, build consistent contributions, plan risk-reducing glide paths, and review annually without constant tinkering.

Why It Matters: A goal-based investment map provides purpose, discipline, and a resilient system for long-term financial success.