NPS Retirement Calculator
Estimate your retirement corpus and pension income with the National Pension System
Your Details
30 years
60 years
₹5,000
10%
60%
6%
Your Results
Total Corpus
₹1.14 Cr
Amount accumulated by retirement
Lump Sum
₹68.4 Lakh
Tax-free amount (60%)
Annuity Amount
₹45.6 Lakh
For pension (40%)
Monthly Pension
₹32,700
Estimated pension income
Duration
30 Years
Time until retirement
Tax Benefit
₹50,000/yr
Under Section 80CCD(1B)
Key Notes about NPS
- Tax Benefits: NPS offers additional tax deductions of ₹50,000/year under Section 80CCD(1B).
- Withdrawal Rules: Premature withdrawals are restricted. At retirement, up to 60% is tax-free lump sum.
- Annuity Variability: Pension depends on annuity rates at retirement; actual rates may differ.
- Market Risks: Returns are not guaranteed and subject to market performance.
- Long-term Commitment: NPS is designed for retirement planning with a long-term horizon.
Disclaimer: This calculator provides estimates only. Actual returns may vary based on market conditions. Annuity rates depend on providers at the time of retirement. Consult a financial advisor before making investment decisions.