Different people and cultures believe different things for the answer to this question. The meaning of life as we perceive it is derived from philosophical and religious contemplation of, and scientific inquiries about existence, social ties, consciousness, and happiness.
A long-term financial plan should include these elements. Time Horizon. A plan should look at least  five to ten years into the future. Scope. A plan should consider all appropriated funds, but especially those funds that are used to account for the issues of top concern to elected officials and the community. Frequency.
The length of the loan should correspond to the AFRs: short-term (three years or less), mid-term (up to nine years) and long-term (more than nine years). Also, the parties must use the AFR that is published by the IRS at the time when the lender initially makes the loan.