NPS Tips: You can also get a pension of Rs 1 lakh on retirement through NPS, just have to do this work..
Shikha Saxena November 20, 2024 06:15 PM

NPS CALCULATOR: Well, there are many schemes in the market to invest your money. All schemes have their advantages and disadvantages. If you are thinking about your expenses after retirement. Are you thinking about where and in which scheme it will be safe to invest, then this news is for you. Today we are going to tell you about investing in the NPS scheme run by the government, which will give you a pension of Rs 1 lakh after retirement. Let us know what is its calculation.

NPS scheme is a government retirement and savings scheme. Through this scheme, you will get a pension after retirement according to the amount of money you invest. Here we will tell you how you should invest from what age and for how long, so that you can get a monthly pension of Rs 1 lakh after 60 years.

When will the scheme start

We assume that you are investing under this scheme after the age of 25 and you invest till the age of 60 and you are getting 12 percent annual interest on that investment. Now let's see how much to invest.

Investment plan

If you want a monthly pension of Rs 1 lakh after retirement, then you will have to invest accordingly. You will have to invest about Rs 7,750 every month from 25 years to 60 years i.e. for 35 years with the expectation of a return of 12 percent.

When you invest around Rs 7,750 every month continuously for 35 years, your total investment will be around Rs 5 crore. After this, about 40 percent of the investment will have to be purchased in an annuity scheme at an estimated interest of 6 percent, after which you will easily get a pension of Rs 1 lakh per month through this investment.

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