NPS Calculator 1.8

About NPS:

A highly efficient, technology-driven system that encourages saving small amounts today to build a fund for life's retirement.

Benefits of NPS:

• Low-cost product
• Tax breaks for individuals, employees, and employers
• Attractive market-linked returns
• Safe, secure, and easily portable
• Professionally managed by experienced pension funds
• Regulated by PFRDA, a regulator established through an Act of Parliament

Who Can Join?

You can join if you are any or all of the following:

• Citizen of India, resident, or non-resident
• Age between 18-60 years at the date of joining
• Salaried or self-employed

What is Retirement Planning?

In essence, retirement planning involves preparing for life after paid work ends. Sensible retirement planning calls for safe, secure, and early preparation to create a post-retirement fund that caters to the needs, wants, and desires of both you and your loved ones.

Why Retirement Planning?

• Medical expenses can be significant in your later years.
• You wouldn't want to rely on your children's finances during your retirement.
• Your retirement should be a reward for your hard work, not a punishment.
• Retirement should mark the beginning of new ambitions, not the end of existing ones.
• You aim to retire from work, not from life itself.