About nps calculator
The National Pension System (NPS) is a market-linked retirement scheme. The calculator estimates the corpus, the lump sum you can withdraw and the monthly pension you might receive.
How it works
- You contribute regularly, and the money is invested in equity, corporate bonds and government securities.
- At retirement a portion must be used to buy an annuity that pays a pension.
- The rest can be taken as a lump sum, within the rules.
Assumptions matter
The result depends on the expected return and annuity rate you enter, neither of which is guaranteed. Try conservative values.
A worked example
Contributing ₹5,000 a month for 30 years at an assumed 10 percent return gives a corpus of about ₹1.14 crore on ₹18 lakh invested. If 40 percent has to buy an annuity, about ₹45.6 lakh goes towards a pension and about ₹68.4 lakh is available as a lump sum, subject to the rules in force.
