Posted on 3/31/2023 12:50:00 PM

If you are wondering whether or not your age plays a role in the type of investments you make, then the answer is yes. While investing at any age could be a good idea, your financial goals and economical status keep changing as you go through life.

For example, when you are in your early 20s and have just started earning, you would probably want to live your life to the fullest and would love to treat yourself every now and then. You want to explore the world, take risks, and make a difference. Chilling with friends, partying, showering your loved ones with gifts and many fancier things would make your life look happening. You may barely think about saving to meet your future goals.

However, short or midterm goals like buying a big flashy mobile, a dashing motorbike or car, or planning an international vacation might be on your list. However, if you belong to this category, you're at an age to take more chances with your money, so don't be afraid to try new things and invest in various investment avenues/mutual fund schemes that have the potential to help you achieve your long-term goals. Always remember, setting achievable goals at a younger age might help you invest wisely for a bright future.

As you get older and when you are in your 30s, your income might increase and you could start thinking about buying a house or planning for your retirement. These goals are more long term and would require considerably larger savings. At this age, you would tend to be less impulsive and more cautious. So, when it comes to investment planning, you should look for opportunities that offer a balance between growth and stability. You might consider investing in a mix of stocks and bonds, and other commodities or asset classes, which can offer both regular cash flows and long-term growth potential.

In your 40s and 50s you might evaluate yourself in terms of your growth over the years and may want to take every effort to stay on the right track. You will see your children grow and prosper and this is the time where you might feel like investing for your own interests. So, when it comes to investments, you might consider taking a more active approach towards your portfolio.

As years pass by and when you finally enter your golden years, your inner child may be feeling content and fulfilled, but also concerned about preserving your wealth for your future generations. So, when it comes to investment planning, you should focus on preserving your wealth while also generating cash flows. You might consider investing in low-risk assets because you may or may not have an additional source of income at this age.

To conclude, let’s just say that based on these different needs at different stages of your life, your investment portfolio could also change. Your risk appetite could also change based on your disposable income, the time you choose to stay invested, and your other responsibilities. Owing to all these factors, your investment profile could change with every decade of your life and that is something you might want to be prepared for.

An investor education initiative by ICICI Prudential Mutual Fund

Visit to know more about the process to complete a one-time Know Your Customer (KYC)requirement to invest in Mutual Funds. Investors should only deal with registered Mutual Funds, details of which can be verified on the SEBI website ( For any queries, complaints & grievance redressal, investors may reach out to the AMCs and / or Investor Relations Officers. Additionally, investors may also lodge complaints on if they are unsatisfied with the resolutions given by AMCs. SCORES portal facilitates you to lodge your complaint online with SEBI and subsequently view its status.(
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Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

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