:

What is the 5, 10, and 20 year rule? A guide to financial planning timelines

The concept of planning with distinct timeframes is a cornerstone of financial strategy, with many investors and planners categorizing goals into short, medium, and long-term horizons. In general, the **5, 10, and 20 year rule** refers to different financial or legal timelines that dictate strategy, risk, and asset allocation, depending on the specific goal at hand. The most common applications are in Roth IRA distributions, investing time horizons, and VA disability benefits.