n NISM Certifications
XVII NISM Series XVII
Medium

Before taking on debt in retirement, what should be considered?

Practice question from NISM Series XVII- Retirement Adviser Mock Test 8 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Debt only if unsecured and lien-free

  2. Debt only if income can meet repayment obligations

    Correct answer

  3. C

    Debt if the cost is less than returns on investments

  4. D

    Debt to acquire long-term growth assets for repayment in retirement

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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