Eye-Opening Story
Ninad RamdasiCategories: DSIJ_Magazine_Web, DSIJMagazine_App, Letters to Editor, MF - Letter to Editor, Mutual Fund
Your special story on the sequence of returns risk was unique and eye-opening. I am 56 now and wish to plan for my retirement. What is the right approach?
Your special story on the sequence of returns risk was unique and eye-opening. I am 56 now and wish to plan for my retirement. What is the right approach? - Ranjit Vora
Editor Responds : If I assume your age of retirement to be 60, you still have four years left. In this case, I would suggest you to invest in a mixed portfolio (50:50) of equity and debt mutual funds. This will not just help you provide better inflationadjusted returns, but also help you reduce the overall risk of your portfolio. Moreover, once you are in your retirement phase, follow the bucket investment strategy as explained in this story.