Thinking about your retirement? Good! It's never too early (or too late) to start.
And if you've come across the National Pension System (NPS), you probably know it's one of the most efficient ways to build a retirement corpus in India. But here's the thing: calculating how much you'll actually get at retirement? That's where many people scratch their heads.
In simple terms, NPS is a voluntary retirement savings scheme backed by the Government of India. You put in a fixed amount every month (or whenever you like), and that money is invested in a mix of equity, corporate bonds, and government securities.
Over the years, it grows — thanks to compounding. And when you retire (or turn 60), you withdraw part of the corpus as a lump sum and use the rest to get a monthly pension.
An NPS Calculator is an online tool that tells you:
You enter a few details, click a button, and get your future on the screen. Sounds cool, right?
Let's say you're 30 years old and planning to invest ₹5,000 per month in NPS until the age of 60. The calculator usually asks for the following:
Based on these inputs, the NPS Calculator shows:
No pen, no paper, no spreadsheets. Just instant clarity.
Inputs:
Results:
That's how powerful consistent investing + compounding can be!
Here's the deal: most people don't know how much they'll need after retirement until it's too late. That's where this calculator becomes your friend. It helps you:
It's like having a financial planner in your pocket. Free of cost!