Start Planning Your Goals
Open the InvestMates app and tap the Goals tab in the bottom navigation. Goals feature is same for both India and USA versions.
2. Select the type of goal you’d like to set, such as Retirement Planning or Emergency Cushion. Tap the Start Saving button to begin. You will be directed to the screen as shown below.
Name Your Goal and provide required details related to goal
Otto will prompt you to name your goal. Choose a relevant name that reflects your goal (e.g., “Golden Years Savings” or “Emergency Cushion”).
2. If needed, Otto will suggest common goal names ,Tap Save to proceed.
3. Choose your target timeframe (e.g., 1 Year, 2 Years, 5 Years).
4. Next, you’ll be prompted to enter the amount you want to achieve for the goal (e.g., $600,000 for an emergency cushion).
5. Otto will now ask how frequently you want to contribute to the goal. Choose one of the available options: (Monthly, Quarterly, Half-Yearly, Annually) select the desired frequency.
Add Assets to Your Goal
Otto will prompt you to add assets (e.g., existing investments, savings) to help reach the goal.
2. Select the assets you want to include in this goal, and tap Add symbol.
3. Tap Create Goal to finalize.
Goal Dashboard & Tracking Progress
After creating your goal, you’ll be directed to the Goal Dashboard. You can view:
Goal Name and Target Amount
Time Left to reach the goal
Achieved/Remaining progress breakdown
View detailed insights and track contributions made over time.
Update your goal anytime by tapping Edit Goal.
FAQ: Common Issues
Q: How can I change my goal amount or target date?
A: You can edit your goal anytime by going to the Goal Dashboard and tapping Edit Goal.
Q: My target goal amount seems too high. Can I adjust it?
A: Yes, Otto allows you to modify the target amount and adjust contributions according to your capacity.
Q: What if I miss a contribution?
A: Otto will notify you about missed contributions and suggest ways to catch up.
Need help?
Email us at [email protected] anytime.