You can take full 50 thousand every month from NPS, know the calculation

New Delhi. National Pension System : National Pension System (NPS) is a great investment plan for retirement. With its help, you can easily plan for retirement. If you start investing in NPS early, you can get a pension of up to Rs 50,000 every month after retirement. While it is true that National Pension System […]
 


You can take full 50 thousand every month from NPS, know the calculation

New Delhi. National Pension System : National Pension System (NPS) is a great investment plan for retirement. With its help, you can easily plan for retirement. If you start investing in NPS early, you can get a pension of up to Rs 50,000 every month after retirement. While it is true that National Pension System is a long term plan and its benefits also start accruing after a long period of time, but it gives you pension according to the amount deposited after retirement.

Before understanding the scheme of Rs 50,000 monthly pension, we need to understand the annuity rule of NPS. It will be used to give you pension. At the same time, on maturity, you can withdraw 60 percent of your shares at your own will. How to get pension of Rs 50,000 from NPS.

If you want to get a pension of Rs 50,000 per month from the National Pension System, then your pension plan has to be made according to the existing 40 percent annuity rule. There are many things attached to an annuity, but generally an interest of 6 per cent is available on the annuity amount.

If we base the 40 per cent annuity rule, then to get the pension of Rs 50,000, at least 6 per cent interest, your NPS account should have an amount of 2.5 crores. If you withdraw 60 per cent of the amount or Rs 1.5 crore on maturity, you will be left with Rs 1 crore in the National Pension System, which will get Rs 6,00,000 a year or 50,000 months of interest at the rate of 6. Percent.

If you are 25 years old, then you can achieve this goal by depositing up to Rs 9,000 every month in the National Pension System for the next 35 years. If you start contributing to the National Pension System from the age of 35, then you will have to deposit Rs 23,000 every month for the next 25 years. On the other hand, if you start NPS at the age of 45, then you will have to deposit Rs 65,000 every month for the next 15 years.

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