NISM Series XVII: Retirement Adviser Certification Examination Notes

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  • Income Replacement Ratio: Typically, 70-90% of pre-retirement income is needed post-retirement.
  • Inflation Impact: Inflation increases the corpus needed to maintain lifestyle.
  • Expense Categories: Expenses include mandatory, essential, lifestyle, and discretionary costs.
  • Retirement Corpus Calculation: Corpus size depends on expenses, inflation, and return rates.
  • Savings Adjustment: Adjust savings for existing investments to optimize contributions.

NISM 17 Retirement Adviser

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