NPS Calculator

The National Pension System (NPS) is a government-backed retirement savings scheme in India that helps individuals build a retirement corpus through regular investments. Our NPS Calculator allows you to estimate your total pension wealth and expected monthly pension at the time of retirement.

What is the NPS Calculator?

The NPS Calculator is a simple tool that lets you calculate the total value of your NPS contributions at retirement. It also estimates the lump sum amount you can withdraw and the monthly pension you might receive based on annuity purchase.

How Does the NPS Calculator Work?

The calculator takes into account the following inputs:

• Current age
• Retirement age (default: 60 years)
• Monthly contribution to NPS
• Expected annual rate of return
• Percentage of corpus to be invested in annuity
• Expected annuity rate

Based on these values, the tool computes the total corpus at retirement, the lump sum withdrawal, and the monthly pension from the annuity.

Benefits of Using the NPS Calculator

• Helps you plan your retirement better
• Provides clarity on your expected pension
• Easy to adjust inputs and see different scenarios
• Helps compare with other retirement options

Example Calculation

Suppose you are 30 years old and invest ₹5,000 monthly in NPS until retirement at 60. Assuming a 10% annual return and 40% annuity allocation at 6% annuity rate:

• Total corpus at 60: ₹1.13 crore (approx.)
• Lump sum withdrawal (60%): ₹67.8 lakh
• Monthly pension: ₹22,600 (approx.)

Important Considerations

• Returns are market-linked and not guaranteed.
• Annuity rates can vary depending on provider and market conditions.
• Tax benefits are available under Section 80CCD(1) and 80CCD(1B).

Start Planning Today

Use our NPS Calculator to take control of your retirement goals. Adjust your contributions and see the impact on your pension wealth. It’s a powerful tool for long-term financial planning.