NPS CALCULATOR: Well, there are many schemes in the market to invest your money. All schemes have their own advantages and disadvantages. If you are thinking about your expenses after retirement. If you are thinking about where and in which scheme it will be safe to invest, then this news is for you only. Today we are going to tell you about investing in the NPS scheme run by the government, through which you will get a pension of Rs 1 lakh after retirement. Let us know what is its calculation.
NPS scheme is a government retirement and savings scheme. You will get pension after retirement according to the amount you invest through this scheme. We will tell you here how to invest from what age and for what period, so that you can get a monthly pension of Rs 1 lakh after 60 years.
When will the scheme start
We assume that you have been investing under this scheme since the age of 25 and you make your investment for 60 years and you are getting 12 percent annual interest on that investment. Now let us see how much to invest.
investment plan
If you want a monthly pension of Rs 1 lakh after retirement, then you will have to invest accordingly. You will have to invest approximately Rs 7,750 every month for 35 years from 25 years to 60 years with the expectation of 12 percent return.
When you invest around Rs 7,750 every month continuously for 35 years, your total investment will be around Rs 5 crore. After this, about 40 percent of the investment will have to be purchased in an annuity scheme at an estimated interest of 6 percent, due to which, through this investment, you will easily get a pension of Rs 1 lakh per month.
