NPS Calculator
National Pension System (NPS) Calculator
National Pension System (NPS) Calculator – Estimate Your Retirement Corpus & Pension in India
Are you planning for your retirement and want to know how much corpus you will have under the National Pension System (NPS)? Our free NPS Calculator helps you estimate your retirement corpus and annual pension based on your monthly contributions, age, and expected rate of return. Whether you are a working professional, business owner, or government employee, this tool simplifies retirement planning and ensures you stay financially secure.
How to Use the NPS Calculator
- Enter Current Age – Your present age (must be 18 or above).
- Enter Retirement Age – Age at which you plan to retire (maximum 60 for Tier 1 withdrawals).
- Monthly Contribution – Amount you plan to contribute to NPS every month.
- Expected Annual Return (%) – The estimated return on your NPS investment (default 8% per year).
- Click Calculate – Instantly see:
- Estimated Corpus at Retirement
- Approximate Annual Pension (based on NPS annuity rules)
You can also reset the calculator to test different scenarios and plan your retirement better.
How NPS Corpus & Pension Are Calculated
The calculator works on these assumptions:
- Monthly Compounding – Contributions are compounded monthly at the expected annual return rate.
- Lump Sum & Annuity – At retirement, 60% of the corpus can be withdrawn as a lump sum, while 40% is used to purchase an annuity.
- Pension Estimate – Annuity pays approximately 8% per year on the annuity corpus, which is shown as annual pension.
Example:
- Total Corpus at Retirement: ₹50,00,000
- 40% Corpus for Annuity: ₹20,00,000
- Annual Pension: ₹20,00,000 × 8% = ₹1,60,000
Note: Actual pension may vary depending on the annuity provider and plan selected.
Benefits of Using Our NPS Calculator
- Fast & Accurate – Get instant estimates without manual calculations.
- Plan Your Retirement – Decide your contribution and retirement goals.
- Mobile-Friendly – Works on smartphones, tablets, and desktops.
- User-Friendly – Simple input and instant output.
- Free Tool – No sign-ups, no hidden charges.
Frequently Asked Questions (FAQ)
Q1. What is NPS?
The National Pension System (NPS) is a government-backed retirement savings scheme that helps individuals accumulate funds during their working life to secure a pension after retirement.
Q2. How much should I contribute to NPS?
You can contribute monthly or yearly, depending on your retirement goals. The calculator helps you estimate how much contribution is needed to achieve a target corpus.
Q3. What is the expected return in NPS?
NPS offers market-linked returns through equity, corporate bonds, and government securities. Historically, the average return is 8–10% annually.
Q4. Can I withdraw the full corpus at retirement?
No. NPS rules allow 60% withdrawal as lump sum and require 40% to buy annuity for a regular pension.
Q5. Is this calculator accurate?
The calculator provides estimates based on assumptions of contributions, returns, and annuity payouts. Actual corpus and pension may vary.