n NISM Certifications
XVII NISM Series XVII
Medium

Why is it advisable to limit annuities to meeting essential expenses early in retirement?

Practice question from NISM Series XVII- Retirement Adviser Mock Test 8 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Annuities give low yield

    Correct answer

  2. B

    Annuities have high exposure to equities

  3. C

    Annuities provide inflation-beating returns

  4. D

    All of the above

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

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