NPS Retirement Calculator

Your Details

Current Age (Years)

30 years

Retirement Age (Years)

60 years

Monthly Contribution (₹)

₹5,000

Expected Annual Return (%)

10%

Lump Sum Withdrawal (%)

60%

Annuity Rate (%)

Your Results

Total Retirement Corpus

₹1.14 Cr

Amount accumulated by retirement age

Lump Sum Withdrawal

₹68.4 Lakh

Tax-free amount (60% of corpus)

Annuity Amount

₹45.6 Lakh

Amount used to purchase pension (40% of corpus)

Monthly Pension

₹32,700

Estimated monthly pension income

Investment Duration

30 Years

Time until retirement

Annual Tax Benefit

₹50,000

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 (Tier-I account). At retirement, up to 60% is tax-free lump sum.
Annuity Variability: Pension depends on annuity rates at retirement; actual rates may differ from projections.
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.