NPS Calculator
NPS is a government-backed retirement scheme with low costs and tax benefits. 60% is tax-free lump sum at retirement, 40% buys a monthly pension.
Your Retirement Plan
Plan for a comfortable retirement
You can start with as little as ₹500 per month
NPS allows withdrawal only after age 60
Equity-heavy portfolios average 10-12%, debt-heavy 7-9%
Your NPS Retirement Outlook
Why Consider NPS for Retirement?
NPS is one of the cheapest retirement products out there - the fund management fees are much lower than mutual funds. Plus, you get tax benefits on the way in (contributions), tax-free growth inside, and tax-free withdrawal (60% of it anyway). The government backing adds safety, but your returns still depend on market performance based on your chosen asset allocation.
NPS Withdrawal Rules at Retirement
At age 60 (or 65 for some), you MUST take:
- 60% as lump sum - completely tax-free
- 40% to buy annuity - gives you monthly pension (taxable)
You can delay withdrawal up to age 75 if you're still working.
Frequently Asked Questions
About the NPS Calculator
NPS is a government-backed retirement scheme with low costs and tax benefits. 60% is tax-free lump sum at retirement, 40% buys a monthly pension.
Formula
Reference Table
| Category | Value |
|---|---|
| Monthly | 30 Years @10% |
| ₹5,000 | ₹1.14Cr |
| ₹10,000 | ₹2.28Cr |
| ₹15,000 | ₹3.42Cr |