Options
-
Period in retirement
Correct answer
- B
Remaining working years
- C
Monthly expenses in retirement
- D
Returns earned on the retirement corpus
Why this is the answer
An increase in life expectancy extends the expected duration of retirement, necessitating greater savings to sustain expenses over a longer period.
Test yourself for real
Take a full NISM Series X mock test.
Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.