Question
Mr. X, a 45 years old, is employed in a private company and planning to retire at 58. He wants to plan for his retirement
Mr. X, a 45 years old, is employed in a private company and planning to retire at 58. He wants to plan for his retirement kitty so that he can comfortably live his retirement through regular cashflows apart from the pension that he is going to receive from his employer. He has also saved Rs. 15,00,000 for his retirement. He would like to save Rs. 25,000 every month for this goal. You, as an advisor, is required to advise Mr. X on constructing his mutual fund portfolio for his retirement goal. Please suggest the category and weightage wise portfolio and describe the reasoning for the same.
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