How much time is considered to be short-term, near-term, and long-term?

Question

How much time is considered to be short-term, near-term, and long-term?

Accepted Answer

It is generally accepted that short-term goals may require one to two years, near-term goals may require five to seven years, and long-term goals may require 10 or more years.

Saving, Managing Debt, and Budgeting

Setting Your Investing Goals

How much time is considered to be short-term, near-term, and long-term?