Feedback Welcome for this interesting take on equity and debt instruments

I’m in my early 20s and have been working on a long-term investing plan as my income will likely rise over the next decade. I’d appreciate thoughts from more experienced investors on whether this framework makes sense.

**Phase 1 (Years 1–3): Low income / early career**

My goal in this stage is to build a base safely without taking big equity risks.

Keeping around 80% in high-quality bond funds or debt-heavy multi-asset funds

A small 20% SIP into equity index funds, flexicap, and some international exposure just to build discipline and not miss market growth completely

Monthly contributions to a long-term government-backed savings plan

Objective here: build a starting corpus steadily and protect capital rather than chase high returns

**Phase 2 (Years 4–10): Mid-career, higher income**

As income rises, I plan to shift towards equity assets, high growth, high risk

Moving the early-career corpus more heavily into equity funds and some individual stocks (around 60% equity allocation)

Remaining portion in bond funds, gold, and short-term liquidity instruments

Increasing equity SIP amounts as income grows

Using retirement-oriented or tax-advantaged accounts available in my country to improve efficiency

Goal here: build long-term compounding and take advantage of higher risk capacity

**Phase 3 (Years 10–15): Higher income / more stability**

A more balanced 50:50 mix of equity and fixed-income, plus a small allocation to gold

Beginning to add some very safe instruments as part of long-term planning

Focus shifts to stability, planning for future goals, and gradually reducing portfolio volatility