Setting Goals

OnTrajectory helps you visually track your certain type of Goals that you may be working toward. For example, you can reveal the date at which you will hit $100,000, or you can determine the rate-of-return you would need to hit $100,000 in 5-years.

Goals can be defined either for both your 'Trajectory' (average growth) or for your 'Projected Progress'. You can even set an account-level goal from the Item Properties tab of an account.

Setting an Account-Level Goal


From the Item Properties of an account, open the 'Set Goal amount' option, as shown below:

1

Entering a goal amount automatically creates a new goal in the Goals table, which can be viewed by going to Menu / Goals.

Trajectory and Progress Goals


To set goals for your TOTAL assets go to Menu / Tools / Goals. The "Goals" tab allows you create any type of goals (including those at an account level). There are two types of goals, listed below:

  1. The Date a certain amount will be reached in the future,
  2. The % Growth Rate necessary to reach an amount by a certain date.

For example, 1 (below) shows when this individual will reach $500,000. Note that the calculated Date can be in the past if that is when the goal was reached.

Goals

Now suppose this individual wished to know the Rate necessary to reach that Goal 3 years quicker. The 2 in the image below shows the average-growth path necessary. Note that Rate calculations assume annual compounding and is based on the calendar year. For example, if the calculation begins in June of one year and ends in June of the next, the 6-months of gains in the first year will be compounded into the second year.

Goals

The image below shows the differences in the 2 types of goals. Enter required information in the underlined fields and OnTrajectory calculates the "Results", which can be plotted by selecting the "Show" checkbox — click the Update and Save button to refresh your results.

Goals Table

Finally, these 2 types of goals can be created for 3 different types of data:

  1. Total Average Growth (the orange "Trajectory" line on your graph),
  2. Individual Account Average Growth ("date" goals only),
  3. Projected Progress (the gray dotted line on your graph).
Projected progress is based on your last progress update (if one exists) "projected" into the future based on the growth rates you have defined for each account.

The result is 6 pre-defined goals that can be selected. To create a new Goal simply select in from the dropdown:

Goals Tab

Definitions of each of the 6 goals:

1. Trajectory reaches $_____ on this DATE
Result: The date your Trajectory reaches a certain dollar amount (if valid).

2. Projected Progress reaches $_____ on this DATE
Result: The date your Projected Progress reaches a certain dollar amount (if valid).

3. Account reaches $_____ on this DATE
Result: The date a selected Account reaches a certain dollar amount (if valid).

4. Trajectory reaches $_____ on _____ at this RATE
Result: The growth rate your Trajectory needs to reach a certain dollar amount by a certain date. The Rate is an overall cumulative % Growth of all Accounts.

5. Projected Progress reaches $_____ on _____ at this RATE
Result: The growth rate your Projected Progress needs to reach a certain dollar amount by a certain date. The Rate is an overall cumulative % Growth of all Accounts.

NOTE: Setting Goals in no way alters your Trajectory — they are simply a visual reference based on the data input.

Removal of "Rate-Based" Goals at the Account-Level

Previously, OnTrajectory supported the option to create 'rate-based' goals at an individual account level. However, based on feature changes around drawdowns and contributions, particularly the ability to define drawdowns more granularly and to create 'negative' contributions — 'rate-based' goal calculations have become invalid in certain situations.

While the ability to create 'date-based' goals for accounts remains unchanged, the ability to create 'rate-based' goals at an individual account level has been removed. Based on community feedback, we will revisit this feature in the future. Thanks for your understanding!