n NISM Certifications
XVII NISM Series XVII
Medium

What does the Income Replacement Ratio represent?

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

Options

  1. A

    The rate of savings needed to meet income requirements in retirement

  2. The percentage of pre-retirement income required in retirement to maintain the same standard of living

    Correct answer

  3. C

    The rate of return needed to generate the retirement corpus

  4. D

    The rate of return the retirement corpus should earn in retirement

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

Test yourself for real

Take a full NISM Series XVII mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.