NPS Calculator
Project your National Pension System corpus at 60, the lump sum you can withdraw and the monthly pension from the annuity portion.
How it works
Corpus = future value of monthly NPS contributions · Annuity corpus = corpus × annuity % · Lump sum = corpus − annuity corpus · Pension = annuity corpus × annuity rate ÷ 12
The National Pension System invests your monthly contributions in market-linked funds that compound until you turn 60. At exit you must use at least 40% of the accumulated corpus to buy an annuity that pays a monthly pension, and you can withdraw the rest as a lump sum. This calculator grows the contributions at your expected return, splits the corpus into the annuity and lump-sum portions, then converts the annuity portion into a monthly income at the annuity rate.
Worked example
Investing ₹5,000 a month from age 30 to 60 at 10% builds a corpus of about ₹1.14 crore. Using the minimum 40% (about ₹45.6 lakh) to buy an annuity at 6% pays roughly ₹22,800 a month, while the remaining ₹68.4 lakh comes to you as a lump sum.
Frequently asked questions
How much of the NPS corpus must go into an annuity?
Current NPS rules require at least 40% of the corpus at age 60 to be used to buy an annuity that pays your pension. You may direct more than 40% to the annuity, and the balance can be taken as a lump sum, which is largely tax-free.
Is the NPS corpus guaranteed?
No. NPS is market-linked, so the corpus depends on the returns of the equity and debt funds you choose. The expected return you enter is an assumption, not a promise, and actual results will vary year to year.
Can I retire from NPS before 60?
Early exit is allowed but the annuity requirement is stricter, typically forcing a larger share of a smaller corpus into an annuity. This calculator models the standard exit at your chosen retirement age.
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Educational estimate only, not investment advice. Interest rates on PPF, EPF, NPS, Sukanya Samriddhi and other small-savings schemes are revised periodically by the Government of India — confirm the current rate before relying on this.