Many people fail to set adequate investment goals. Even fewer have the discipline to follow a set of priorities that will allow them to meet retirement and future income needs. This project requires you to determine a preliminary long-run investment goal, a financial plan for achieving this goal, and a projected portfolio for reaching your goal. The project should be divided into five (5) main sections (see below) with centered headings for each section. This project is due on Thursday, November 30, 2023. 1. Establish a Financial Goal for yourself and prepare a table similar to Table 1 as shown in class and present the year-by-year income requirements of your financial goal. Discuss how you arrived at your financial goal and justify any assumptions you used in developing your goal. 2. Prepare and present in a table, your expected Budget for the period of time over which you will plan to meet your financial goal. Using the suggested categories of expenses illustrated in class, as well as others that may be applicable to your situation, the Budget Table should provide a breakdown of these expenses, by category, over 5 year intervals of time through your planning period. Discuss all assumptions involved in your estimation of future expenses over the planning period. 3. Develop a Financial Investment Plan to meet your Financial Goal and prepare a table similar to Table 3 as shown in class which presents the results of your plan. Discuss how you arrived at your Financial Plan by discussing any assumptions you used in developing your Financial Plan. 4. Discuss the risks/contingencies that you will face as you attempt to achieve your Financial Goal through the implementation of your Financial Plan and how you plan to protect yourself from the consequences of these future contingencies. 5. Establish a set of personal Portfolio Objectives and construct a portfolio to meet those objectives. Prepare a table similar to Table 4 as shown in class which presents the investment components - that is, the asset classes and sectors within the asset classes - of your portfolio, the weightings of the components, as well as the expected returns on the components, and how the portfolio components will change over time as you work towards reaching your Financial Goal. Discuss how you arrived at your portfolio components and relate this to your own desired risk/expected-return objectives. Justify any assumptions that you used in your analysis to arrive at the numbers presented and the reasonableness of these assumptions