Tag: Future Planning

Creating a 5 Year Plan

Last week I thought I’d make a 5 year plan. I don’t really go in for “if you write/envision it, it will automatically happen”, but I do think that there’s something powerful in writing down the long-term vision of your life. After I did a ton of Googling and reading and thinking, I decided to write this post instead of creating one so I haven’t actually made my 5 year plan yet. I promise to post mine soon, though, and link it from here.

The Goal Setting

Make concrete, measurable goals for 5 years from now and then work backwards from there to make ‘stepping stone’ goals from when you start your plan to when it’s finished. A linear path to the finish line – like a race. Start your goals with a version of this sentence: “I want to (do/have/be/get)…”

Goal Setting

  1. Create a list of categories you would like to have goals in.
    • Ex: Love, Hobbies, Career, $$$, Travel, etc. You can have as few or as many as you’d like.
  2. Make a list of your goals & group them by your categories.
  3. Take your goals by categories and start breaking those goals down into smaller goals.
  4. Continue breaking those goals down into manageable chunks of actionable items.
    • Goal: I want to buy a house
      • Save $25,000 by the end of 5 years.
      • Save $5,000 each year
      • Only eat out once a month
      • Stop buying coffee
  5. Repeat for each goal.
  6. Make a game plan for how to do those actionable things.

Example Goals

  • I want to move to Big City and own my own apartment/house.
  • I want to get a new job.
  • I want to have enough money in the bank to jump on a plane to wherever I want to go.
  • I want to be the boss of my department.
  • I want to run the NYC Marathon.

The problem I have with this (for me, you do you) is that my life never looks the same from year to year or even month to month. What I want as a goal now may not be a goal I care about anymore in 5 years, or even in 6 months. I realize you can modify your goals as you go, but I would still prefer to start with a slightly different premise.

Loosening It Up

Instead of, or in addition to, creating goals to meet at the end of five years, you can also add more general statements about the future and the person you want to be to your plan. They can be anything, really. Maybe “I want to be someone who is active in my community” to “I want to be active in a martial art” or “I want to be a person who is trusted by my coworkers.” Whatever floats your boat.

Not-Goal Setting (Exactly Like Goal Setting)

  1. Create a list of categories you would like to make changes in.
    • You can definitely use the one you made earlier, and modify it if you want to.
  2. Think about those categories in a different way from above – think about how you want to be instead of what you want to achieve.
    • I want to be a person who regularly has people over and throws parties.
  3. Start to think about what steps might be helpful for this, and then think about things you can do today to help make that a reality.
    • Statement: I want to be a person who regularly has people over and throws parties.
      • Extend an invitation to at least one person every X weeks.
      • Plan parties for various holidays – Christmas, etc.
      • Create a regular game night or supper club.
      • Become involved in local activities.
  4. Repeat that process for each statement.

Example Statements

  • I want to help others reach their goals and support them in their ambitions.
  • I want to be the kind of person that others know they can rely on.
  • I want to enjoy my personal life while also excelling in my career.
  • I want to be comfortable, content, and confident in the life I lead.
  • I want to live a fulfilled life.

Combining It All Together

If you do both of these exercises, you will end up with a fairly comprehensive idea of how you want your life to look in the next five years. There’s a concrete path, as well, since both parts of your plan have baby steps to take to get there. So at the end of the process, you put your goals, statements, and baby steps together in one list/document/plan. Trim if needed – you don’t want to overbook yourself for the next 5 years. Next, decide where to start and move forward from there.

The planning is really that easy – the execution is much harder since 5 years is a long time to work towards things, but it’s a worthwhile endeavor.

I can’t believe I just wrote almost 800 words on 5 year plans. 🙂 Enjoy your planning!

Sarah