'/><rect width='800' height='360' fill='url(%23dots)'/><g transform='translate(120 80)'><g stroke='%23ffffff' stroke-opacity='0.2' stroke-width='1'><line x1='0' y1='40' x2='560' y2='40'/><line x1='0' y1='100' x2='560' y2='100'/><line x1='0' y1='160' x2='560' y2='160'/></g><g fill='%23ffffff' fill-opacity='0.35'><rect x='10' y='140' width='30' height='40' rx='3'/><rect x='60' y='120' width='30' height='60' rx='3'/><rect x='110' y='100' width='30' height='80' rx='3'/><rect x='160' y='80' width='30' height='100' rx='3'/><rect x='210' y='60' width='30' height='120' rx='3'/><rect x='260' y='40' width='30' height='140' rx='3'/><rect x='310' y='30' width='30' height='150' rx='3'/><rect x='360' y='20' width='30' height='160' rx='3'/></g><path d='M 25 150 Q 125 110 175 95 T 325 35 L 395 15' fill='none' stroke='%23ffffff' stroke-width='5' stroke-linecap='round'/><circle cx='395' cy='15' r='12' fill='%23ffffff'/><circle cx='395' cy='15' r='6' fill='%23FF801E'/><g transform='translate(460 -10)' fill='%23ffffff' fill-opacity='0.85'><path d='M 0 30 L 30 0 L 60 30 L 45 30 L 45 70 L 15 70 L 15 30 Z'/></g></g></svg>)
Options
- A
(Pre-Retirement Income / Annual Inflation Rate) x Income Replacement Ratio
- B
(Pre-Retirement Income x Annual Inflation Rate) / Income Replacement Ratio
- C
(Pre-Retirement Income / Annual Inflation Rate)^Rate of Interest x Income Replacement Ratio
-
Pre-Retirement Income x Annual Inflation Rate x Income Replacement Ratio
Correct answer
Why this is the answer
This formula estimates the income needed during retirement by adjusting pre-retirement income for inflation and the desired replacement ratio.
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.