What is a NPS Calculator?
A NPS (National Pension System) calculator is a financial tool that helps you estimate the amount you will accumulate in your NPS account by the time you retire, based on your current age, retirement age, and monthly contributions. It also provides insights into how much you can expect to receive as a monthly pension after retirement.
How to Use the NPS Calculator?
- Current Age: Enter your current age.
- Retirement Age: Enter the age at which you plan to retire.
- Monthly Investment (₹): Enter the amount you plan to invest each month in your NPS account.
- Expected Return (%): Enter the expected annual return rate on your investment.
- Percentage of Corpus for Annuity (%): Enter the percentage of your total corpus that you plan to use for purchasing an annuity.
- Return on Annuity (%): Enter the expected return rate on the annuity.
Note: This calculator assumes a life expectancy of 100 years for pension calculations.
Total maturity value :
Total Invested :
Gains :
Lumpsum withdrawn :
Annuity Reinvested :
Pension/month :
0 Comments