sip amount can be upgraded by the midthirties your house should not be over 60 of your assets you want to get that proportion to 30 or lower by the time you retire greater the amount in assets that can be sold accumulated and managed better your financial livesour friend worries a lot about financial goals he is nervous about whether he has enough for his child he wonders if it is too late to begin accumulating a corpus for retirement or if he has enough insurance a simpler way is to focus on building assets that can be drawn for any need including retirement insurance is protection until those assets are fully built begin with a simple formula of 20 times your current annual expense as your target asset size including your housethe nice thing about the midthirties is that the best is yet to come by the time you hit the 50s and reach your peak earning capability you will look back with satisfaction at what you have builtthe author is chairperson of the centre for investment education and learning