NPS Calculator: Future problems never come with any warning. This is the reason why we all save to face future financial problems so that even when we do not have a job, we never face any money problem. There are many such pension schemes running in the country, by investing in which you can live your life easily without any problem even after retirement.
1 crore with pension of Rs 1 lakh per month
Here we will learn about a pension scheme in which by investing you can get a pension of Rs 1 lakh per month after retirement. Yes, we are talking about NPS i.e. National Pension System. Let us know when and how to start investing under this scheme, so that after retirement you will get a pension of Rs 1 lakh every month along with Rs 1 crore.
When and how to start investing
To get a pension of Rs 1 lakh every month along with Rs 1 crore at the time of retirement i.e. at the age of 60, you have to start investing in NPS at the age of 30. If you invest Rs 10,000 every month in this scheme at the age of 30, then by the age of 60, your total investment will become Rs 36 lakh. If you get an estimated return of 10 percent on this investment, then at the age of 60, you will have a corpus of about Rs 2.28 crore.
How to get pension of 1 lakh rupees every month
Under NPS, 40 percent of your total corpus is invested in annuity plan and this annuity is used to give you pension every month. If you invest 55 percent of your corpus in annuity plan, you will get a lump sum amount of about Rs 1.02 crore and the remaining Rs 1.26 crore will go into annuity, which will give you a pension of Rs 1.04 lakh every month.
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