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NPS Pension Calculator: How much should you save monthly to get a pension of Rs 1 lakh per month?
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If you want to save during your earning life and want a fixed pension during the retired years, the National Pension System (NPS) can be the investment plan to consider. By using the NPS Pension Calculator, you can calculate how much you need to start saving from now on to get a pension after retirement of Rs 50,000 or Rs 1 lakh or even a higher amount for lifetime.
You just have to open a NPS account and start saving regularly till your retirement age which typically is when you hit 60. On maturity ( when you are 60), you can withdraw a maximum of 60 per cent of corpus and on the balance 40 per cent, pension is to be paid. The balance 40 per cent is to be handed over to a life insurance company from where you will start getting pension or
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