What is the method used to calculate the overall growth rate of a multi-asset portfolio?

Average of individual asset growth rates Sum of individual asset growth rates Sum product of asset weights and expected returns Weighted average of individual asset growth rates

Why is it recommended to use conservative growth rate assumptions when planning for personal finance?

To guarantee a higher return on investment To simplify calculations and avoid complex projections To create a realistic financial plan and account for potential downsides To align with industry standards and regulatory requirements

What is the primary asset class considered for building a retirement corpus in the provided text?

Real estate Fixed deposits Gold Equities

What is the suggested approach to gain exposure to equities for long-term wealth creation?

Direct stock picking Investing in index funds Investing in mutual funds via a systematic investment plan High-frequency trading

What are the two powerful levers that individuals starting their careers early can leverage for retirement planning?

High risk tolerance and access to exclusive investment opportunities Time and money Inheritance and windfall gains Professional network and mentorship