NISM Series XVII: Retirement Adviser Certification Examination Notes
Page 25 Of 110
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REIT Income: REITs provide regular rental income, suitable for distribution.
Tax-Free Interest: Certain bonds offer tax-free interest, boosting net returns.
Investment Accessibility: Some securities are restricted to institutional investors.
Retirement Stages: Retirement involves accumulation (saving) and distribution (income generation) stages.
Expense Estimation: Estimating retirement expenses is the first step in planning.
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