New Delhi, Oct. 21 -- Retirement brings a fundamental change in how investors should manage their savings. While equities can help build wealth during working years, a sharp market correction after retirement can put years of accumulated savings at risk, particularly when investors depend on their portfolios to meet monthly expenses.

For someone retiring at 60, the challenge is not simply earning higher returns. It is ensuring that the retirement corpus lasts another 20 to 30 years, even as inflation pushes up household expenses and markets go through periods of volatility.

So, how much of a retirement portfolio should remain invested in stocks and equity mutual funds?

According to M. Pattabiraman, founder of personal finance platform ...