n NISM Certifications
XVII NISM Series XVII
Medium

If the expected rate of return in the accumulation phase increases, the number of years needed to reach the retirement corpus generally decreases.

Practice question from NISM Series XVII- Retirement Adviser Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    The periodic savings required

  2. B

    The periodic income required

  3. C

    The retirement corpus required

  4. The years to retirement

    Correct answer

Why this is the answer

Higher returns enable earlier retirement by reaching the goal sooner.

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