Series 66: Capital Goal Within Specified Time Period

Capital Goal Within Specified Time Period

While dollar cost averaging is a great way to accumulate wealth over time, it does not necessarily have a future target amount that it is trying to accumulate. Its primary goal is simply to invest a regular amount in a security each period. When investors have a specific amount they need to accumulate by a deadline, it is referred to as averaging to a capital goal within a specified time period. Examples of this would be an investor needing $100,000 in 20 years to purchase a retirem