NPS is a unique tool of investment to secure your future financial needs by adding small investments to your portfolio. National Pension Scheme is one of the most ideal ways to start saving for the future with added benefits, and NPS calculators also come in very handy. National Pension Scheme not only gives you exceptional tax benefits, but also builds a substantial corpus to support you in the golden days of your life. With an option to choose between equity and debt, it lets you secure your corpus by taking an exposure basis your risk appetite. NPS calculator helps you to gain an approximate value of the funds that need to be invested to achieve a corpus that is good enough to take care of your future needs. Investors can opt for the Auto choice, where the scheme setup (including allocation ratio) will be determined by the system, based upon the age of the investor at the time of registration, or they can go for the Actice choice, where they have the right to decide how their contribution is to be invested, based on their personal preferences.
Your retirement corpus would be
Lumpsum withdrawal at 60 years
Note: Min 40% of Pension Wealth should be invested in life annuity