The plan is an Excel workbook that allows you to find out your goal-wise asset allocation, SIP amount and rebalancing plan.
The workbook can handle goals like:
- Single payment: car purchase, foreign vacation, house downpayment etc.
- Multipayment goals like college education
- Children’s goal planning from school to marriage
- Traditional retirement from 58-60
- Early retirement to support FIRE from an age of your choice
This is how a portfolio looks over time:
Once you have decided on the asset allocation and SIP amounts, read this article to learn how to choose funds to invest in.
Here is the link: Click here