A goal that outlines plans for retirement is considered a long-term goal because it typically spans many years, often decades, into the future. Retirement planning involves setting objectives for financial stability, lifestyle, and personal fulfillment after one's career has ended. These goals require careful and prolonged planning and usually encompass steps taken over a significant period to ensure that financial and personal aspirations are met when retirement is reached.
Short-term goals typically refer to objectives that can be achieved in a short time frame, often within a few weeks or months. Medium-term goals might look to a time frame of a year or several years, often including more immediate objectives leading up to a life change but still not as far-reaching as retirement. Immediate goals are focused on actions or achievements that need to happen soon, often within a day or a week, and are not applicable when discussing the extensive timelines associated with retirement plans. Hence, retirement plans clearly fit into the category of long-term goals.