The National Pension System (NPS) is a voluntary retirement savings plan launched by the Indian government. It encourages regular contributions during your working years to build a substantial retirement corpus, ensuring financial stability in old age. NPS combines market-linked growth with tax benefits, making it a smart choice for long-term planning.
The NPS calculator predicts your retirement corpus and monthly pension based on your age, retirement age, monthly contributions, expected returns, and annuity details. It shows how your savings grow over time.
Accumulated Corpus ≈ Monthly Contribution * [((1 + r)^n - 1) / r] * (1 + r)
Monthly Pension ≈ (Annuity Purchase % * Accumulated Corpus) * (Annuity Rate / 12)
Where:
r = Monthly Expected Return (Annual Expected Return / 12)
n = Total Number of Contributions (Years to Retirement * 12)
Offers returns that can beat inflation over time.
Low fees with customizable contributions and asset choices.
Deductions under Section 80C (₹1.5 lakh) and 80CCD (₹50,000).
Stays with you across jobs and locations.
Overseen by PFRDA for transparency and security.