Fellow five footer here...
My initial goal was 135. I picked it at the beginning of my journey because it sounded reasonably attainable and my doctor had recommended it based on my frame size in relation to the BMI charts (I have a large frame and am well endowed, so he added 10% to my BMI range and decided 135 would be ideal). I reached 135 a week and a half ago and revised my goal weight to 125. While I look and feel great at 135, I still have plenty more to go and I question if 125 will even be low enough...still have more chub to lose in my thighs, upper arms and abdomen.
So like others have said, set your goal for 130 and then reassess once you get there. I never thought in a million years I'd reach my goal and voluntarily want to work toward losing another 10, but I'm glad I kept my mind open to the possibilities. And if you reach 130 and feel right, stick with it and work on maintaining it. In the end, we're working toward feeling good in our skin. Good luck to you!