n NISM Certifications
XVII NISM Series XVII
Medium

Income Replacement Ratio is?

Practice question from NISM Series XVII- Retirement Adviser Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Percentage of pre-retirement income needed in retirement

    Correct answer

  2. B

    Percentage of savings needed to meet income needs

  3. C

    Returns needed to create required corpus

  4. D

    Returns that the corpus must earn in retirement

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

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