The first and possibly most important step in creating a five-year plan is to work out your goals and fully commit to them. To work out what you want, you need to know what matters most to you, so set aside an hour or so to ask yourself some hard questions and think about what your ideal future would look like five years from now.
Maybe you want to land your dream job, or perhaps you want to start a family, or get healthy enough to do something that currently seems impossible, like climb a mountain. Everyone has unique aspirations and desires for their path in life, and while circumstances won't always be ideal and setbacks are natural, having an end goal to work towards can ensure you don't stray too far off the path from what it is you truly want.
While setting goals, try working to the SMART framework - that is, setting goals that are Specific, Measurable, Attainable, Realistic, and Timely. Setting your goals this way brings structure and purpose to your desired outcomes and means you have a clearer vision of what success will look like. For example, it's much more realistic to say you would like to save $3,000 to pay for your holiday before the end of the year than it is to say that you would like to "go on holiday soon".