NPS Calculation: Lump sum crores of rupees and monthly pension of 1 lakh rupees, this government scheme is excellent – NPS Calculation National Pension System Give You Over One Crore Rupees and One Lakh Penion Monthly Tutd

Regular income and lump sum money is needed on retirement, so that he can spend the rest of his life comfortably. However, it is also necessary for this to do premature planning. If you do not plan it properly, right time, then you will not be able to raise a thick pension and a lump sum.

Therefore, people are often advised to invest on time. If your goal is to be taken as a big amount pension, then the government’s NPS scheme can be best for you, which can give you a pension of Rs 1 lakh or more every month after retirement.

Know the rules of NPS
NPS means the National Pension System, in which the account is portable, that is, it can be run from anywhere in the country. Under this scheme, after retirement, 60 percent of the total deposit can be extracted. The remaining 40 percent of the pension goes into the scheme. The NPS is run by the Pension Fund Regulatory and Development Authority (PFRDA). Tier 1 and Tier 2 accounts can be opened under NPS. Tier 2 account can be open only after the Tier One account is opened.

Withdrawal rule under NPS
At present, a person can withdraw up to 60 per cent of the total corpus as a lump sum and the remaining 40 per cent is given as annuity pension. If the total corpus is Rs 5 lakh or less under the new NPS guideline, then subscribers can withdraw the entire amount without purchasing the annuity plan. This withdrawal amount is also tax-free.

At what age to invest in NPS
Talking about private sector employees, till the age of 35, people get more exposure in equity. This exposure can be up to 75 percent. At the same time, in active choice, 75 percent exposure is available in equity till the age of 50. At the same time, by the age of 60, this exposure remains 5 percent to 50 percent. In such a situation, if this planning is done at the age of 35, then there can be more best option.

How to get a pension of 1 lakh rupees?
If you are planning investment in NPS and you are 40 years old, then you can avail a pension of Rs 1 lakh by the age of 20 years. However, you have to put 20 thousand rupees in NPS every month. On this, you can increase 10 percent investment every year.

If an estimated return on this is considered 10 percent, then after 20 years you will have a total investment of about Rs 3 crore 23 lakh. The total amount as a return will be Rs 1.85 crore and the total investment will be Rs 1.37 crore. The total tax saving on this will be Rs 41.23 lakh. Now you have to buy enuity for pension.

• Pension Wealth Investment in Enuity Plan: 55%
• Annuity rate: 8 percent
• Pension Wealth: Rs 1.62 crore
• Lump Sam Vidrol Amount: Rs 1.62 crore
• Monthly Pension: Around 1 lakh rupees

In this way, you will get a lump sum of Rs 1.62 crore on planning and investing in this way. At the same time, pension will start getting about 1 lakh rupees every month.