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NPS Calculator

Secure your retirement. Find out how much corpus you will accumulate by age 60, and automatically calculate the 60% tax-free lumpsum and 40% annuity pension.

Monthly Investment ($)

Your Current Age

NPS matures at age 60.

Expected Return (%)

Total Corpus at Age 60

—

Total Invested

—

Wealth Gained

—

At Retirement (Age 60)

Tax-free Lumpsum (60%) —

Annuity Reinvestment (40%) —

Generates a monthly pension of approx. — (assuming 6% annuity rate)

Method

How this calculator works

NPS corpus grows via compounding. At age 60, the rules mandate a 60/40 split between tax-free lumpsum and taxable annuity.

Enter the monthly amount you plan to invest in NPS.
Enter your current age. The calculator will run the compounding until you turn 60.
Enter your expected rate of return based on your equity/debt asset allocation.
See the final corpus, the 60% lumpsum amount, and the estimated monthly pension.

Examples

Worked examples

Real numbers, end-to-end results.

$5,000/month, starting age 30, 10% return

Corpus: $1.13 Crore

Lumpsum: $68 Lakhs. Pension: ~$22k/month.

$10,000/month, starting age 25, 12% return

Corpus: $6.49 Crore

Starting early with equity exposure yields massive compounding.

Disclaimer: This calculator provides estimates for informational and educational purposes only. It is not a substitute for professional financial advice, tax planning, or investment guidance. Always consult a qualified financial advisor for decisions affecting your finances. Results depend on the accuracy of inputs provided.

FAQ

Frequently asked questions

What is the National Pension System (NPS)?

NPS is a voluntary retirement savings scheme in India designed to enable systematic savings. It allows you to build a retirement corpus by investing in a mix of equity, corporate bonds, and government securities.

What happens when I turn 60?

At age 60, you can withdraw up to 60% of your total accumulated corpus as a tax-free lumpsum. The remaining 40% MUST be used to purchase an annuity (a regular monthly pension plan) from an insurance provider.

Can I withdraw before age 60?

Yes, but it is highly restricted. Partial withdrawals are allowed for specific purposes (like children's education or buying a house) after 3 years. If you exit entirely before 60, you must put 80% of the corpus into an annuity.