n NISM Certifications
XVII NISM Series XVII
Medium

If income during employment decreases, the savings will decline, adversely affecting the creation of the retirement corpus.

Practice question from NISM Series XVII- Retirement Adviser Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    The amount of income required in retirement years come down

  2. B

    The percentage of pre-retirement income required to be kept aside for retirement goes down

  3. C

    The created retirement corpus will have to be invested in growth securities to generate higher returns

  4. The savings will fall and this will affect the creation of corpus

    Correct answer

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

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