“An easy-to-remember thumb rule is that your debt allocation should be equal to your age. So, if you’re in your twenties and thirties, keep no more than 70% in equities and the rest in debt. Mid-career professionals in their forties and fifties should have between 50-60% in equities, while retirees who need regular income should start reducing their equity exposure to around 40%,” said Kunal Bajaj is CEO & founder of Clearfunds.com.
