NPS Calculator – Fast & Accurate
The National Pension System (NPS) is a voluntary, long-term retirement savings scheme designed to enable systematic savings. Our NPS Calculator is an essential tool for retirement planning. By entering your current age, monthly contribution, and expected return, you can estimate your total accumulated corpus at retirement (age 60). Furthermore, the tool calculates the mandatory annuity purchase and projects your expected monthly pension, helping you secure a comfortable retirement.
Retirement Corpus Estimation
Project your total accumulated wealth by the time you reach age 60.
Monthly Pension Projection
Estimate your monthly pension based on annuity rates and percentage.
Lumpsum Withdrawal Calculation
Calculate the tax-free lumpsum amount you can withdraw at retirement.
Tax Benefit Planning
Plan your investments to maximize Section 80C and 80CCD(1B) tax benefits.
Frequently Asked Questions
What percentage of NPS corpus must be used for annuity?
At maturity (age 60), you must use at least 40% of your accumulated corpus to purchase an annuity to receive a monthly pension.
Is the NPS lumpsum withdrawal tax-free?
Yes, currently, you can withdraw up to 60% of your accumulated corpus at age 60 completely tax-free.
Can I withdraw from NPS before age 60?
Partial withdrawals are allowed under specific conditions (e.g., medical emergencies, children's education) after 3 years, subject to limits.
What is a realistic expected return for NPS?
NPS returns depend on your asset allocation (Equity, Corporate Bonds, Government Securities). Historically, a balanced portfolio has yielded 9-11%.
