How Much Should You Invest In Bonds At Different Stages Of Life? 20/60 Investing Rule Explained

Who should invest in bonds—young investors, conservative investors, retirees or those already holding equities and FDs? Vishal Goenka, Co-founder, Indiabonds, explains why portfolio diversification and financial goals should guide fixed-income allocation across different stages of life. He discusses how young investors can use bonds for financial discipline and regular income, while older investors may focus more on capital preservation as their risk-taking ability changes. The conversation also explores how investors can balance equities and fixed income and why portfolio allocation should evolve with age, capital needs and long-term financial objectives.