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How to create a retirement corpus through mutual funds?
Define your retirement goals: Start by figuring out how much you will need in retirement to live comfortably. Consider your healthcare expenses, inflation, and life expectancy or even to plan how to grow your fund in a systematic matter.
Choose the right mutual funds: Look for mutual funds that are geared toward retirement savings. Funds that invest in a diversified mix of stocks and bonds can be a good option. There are several types of mutual funds that you can consider for retirement planning.
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