n NISM Certifications
XVII NISM Series XVII
Medium

Why is estimating 'Years in retirement' important?

Practice question from NISM Series XVII- Retirement Adviser Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    To calculate the rate of return needed

  2. To determine the retirement corpus needed for income

    Correct answer

  3. C

    To estimate savings required for surplus generation

  4. D

    To assess the potential return on the retirement corpus

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

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