What is a goal?

A goal is something you want to save for. 22seven allows you to set goals and put money in an investment account to save towards them.

Based on the target date for your goal, we'll calculate how much we estimate you will need to save each month to reach your goal on time. We narrow down the list of funds to those with recommended investment terms that match how far away your goal's target date is, so you can choose the one that's best for you.

Once you've created a goal, we'll track your progress. You can use that to decide whether to adjust your monthly contributions (if you've set up a monthly debit order). Or if you want to top up your goal with once off debits, allowing you to reach it on time or get there sooner (R250 minimum).

You can create as many goals as you like. To start setting them up, just visit the GOALS tab on your 22seven profile.

Was this article helpful?
33 out of 33 found this helpful