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Imagine this: as kids, we all had that piggy bank where we saved our spare change, hoping to buy something special. But as we grow up, we quickly realise that saving alone isn’t going to be enough if we don’t do more with our savings. Beyond just saving, we also need to invest because inflation will reduce the value of our savings over time. Investing allows our money to grow and compound itself over time, helping us to beat inflation so that our savings can maintain its purchasing power. But before we dive into investing, it’s important to know what our investment objectives are. Think of it like planning for a race: before we start running, we need to know where the finishing line is and how far it is. Only then can we map out our race route and pace ourselves accordingly. Take a 10 kilometre (km) race, for example. If our goal is to complete the run within an hour, we need to maintain a pace of at least 6 minutes per km. If we fall behind this pace, we risk not achieving our goal. Similarly, with investing, we need to set clear financial goals and understand the steps required to reach them within our desired time frame. Suitable for all investors, regardless of their life stage, Maybank Goal-Based Investment can guide us on how much we need to invest (i.e., how fast we need to run) to achieve our goals – be it enjoying an early retirement, saving for our kid’s education, or generating a passive income stream to free us from relying solely on our job. For example, if we aim to retire by age 60 with a monthly expense of $3,000 for 25 years, Maybank Goal-Based Investment can help us determine the amount we need to invest to realise this goal. Based on the input provided, we will need $776,795 in savings. This translates to an initial investment of $200 and a subsequent monthly investment of about $1,125. One key, often overlooked, aspect of investing is juggling multiple goals. While saving for our retirement, we might also be building up our savings to fund our children’s education or other investment objectives. Maybank Goal-Based Investment allows us to create and work towards multiple goals concurrently. can calculate how much we need to save for our kid’s education, factoring in the chosen field of study (General or Medicine) and the country (Singapore, Australia, UK, US, New Zealand, or Ireland). With Maybank Goal-Based Investment, we get a clear and personalised roadmap to help achieve all our financial goals. No matter what our investment goals are, a key factor is the level of risk we’re comfortable with. Depending on our risk profile, we might opt for higher-risk, higher-reward investments or safer, lower-risk options. Maybank Goal-Based Investment takes the guesswork out by assessing our risk profile, ensuring that our investment choices align with our risk tolerance. It’s like having an on-demand running coach, guiding us every step of the way so that we run at a pace that we are comfortable with. By answering just six questions, we can pinpoint our risk profile level. With our risk level set, we can choose from a range of unit trusts that is tailored to our profile and to kickstart our investment journey with confidence. With , we can start our investment journey from just $200 and enjoy no sales charges* until 30 June 2024. This service crafts a personalised investment plan based on our goals and timeline. It also helps determine our risk profile, guiding us to choose from a variety of funds that are suitable for our overall investment needs. Most importantly, Maybank Goal-Based Investment lets us keep track of our investments’ performance. As we cultivate the habit to invest regularly, we take a more disciplined approach towards investing in our goals, thus reducing the impact of market volatility and steadily building wealth over time to achieve our long-term investment objectives. For those who are keen to give it a try, you can access or the Maybank2u SG (Lite) app which is available on both and the .