Step 5: Monitoring Your Allocation, Progress and Life Stages

The final step of the PRISM process is effectively monitoring your portfolio. It is designed to help you view your portfolio within the context of your goals, desired allocation and current stage of life.

There are three key parts to this step. The first is to review your portfolio allocation to ensure it has not strayed too far off target. The second is to check your progress toward your goals to make sure you remain on track to achieve them. The third is to ask whether there have been any life stage or family changes to warrant a review of your goals and risk tolerance.

We show you how to do all three. You will learn how to perform a disciplined portfolio review and make objective decisions. You will also learn what could prompt you to revise your wealth-building plan.

 

Course Outline:

Lesson 1: Monitoring Your Allocation, Progress and Life Stages

Lesson 2: Monitoring Your Allocation

Lesson 3: Monitoring Your Progress: Savings

Lesson 4: Monitoring Your Progress: Withdrawals

Lesson 5: Monitoring Your Life Stages and Webinar

Lesson 6: The Importance of Having a Portfolio Monitoring Process

 

On-Demand Webinar:

Monitoring Your Allocation, Progress and Life Stages

Worksheet:

Monitoring Your Allocation, Progress and Life Stages Worksheet and Spreadsheet