NPS Calculator
Plan for a secure financial future with our easy-to-use National Pension System (NPS) Calculator. NPS is a voluntary, long-term retirement savings scheme designed to provide you with a regular income post-retirement. Our tool helps you project the potential corpus you can accumulate and the estimated monthly pension you might receive.
How it works: Simply enter a few key details:
1. Your Current Age: How old you are now.
2. Your Planned Retirement Age: The age you wish to retire (typically 60).
3. Your Monthly Contribution: The amount you plan to invest in NPS each month.
4. Expected Rate of Return: Your anticipated average annual growth rate on your NPS investments.
5. Percentage to Purchase Annuity: The portion of your final corpus you plan to use to buy an annuity plan (minimum 40% required for mandatory pension).
Our calculator will instantly estimate:
Total Corpus Accumulated: The projected total value of your NPS investment at retirement.
Lump Sum Amount: The portion of the corpus you can withdraw tax-free (maximum 60%).
Annuity Value: The amount used to purchase an annuity plan for pension.
Estimated Monthly Pension: The approximate pension you might receive based on the annuity value and assumed annuity rates.
Use this tool to understand the potential of your NPS investments and make informed decisions about your contribution amounts to reach your retirement goals.