Back

Finance · Retirement

NPS Calculator

Plan your retirement and calculate monthly pension

🎯 Extra ₹50,000 tax deduction under 80CCD(1B) — over and above the ₹1.5L 80C limit.
1

Your NPS plan

Adjust any value — results update instantly.

₹5,000
30 years
yrs

Years to retirement: 30

10%
%

NPS equity funds historical: 10–12% CAGR.

6%
%

Typical annuity rates in India: 5.5–7%.

2

At retirement (age 60)

60% lump sum + 40% annuity.

Lump sum at 60

₹67,81,464

Tax-free withdrawal (60% of corpus)

Monthly pension

₹22,605

From annuity (40% of corpus) at 6%

Total corpus at 60

₹1,13,02,440

Total invested

₹18,00,000

Total returns

₹95,02,440

💡 Extra Tax Saving with NPS

₹50,000 additional deduction under 80CCD(1B) — separate from 80C.

At 30% bracket: ₹15,000 extra saved/year.

Corpus growth

Invested capital and corpus from age 30 to 60.

Year-by-year breakdown

Corpus at the end of every year until retirement.

AgeYearMonthlyTotal investedCorpus
311₹5,000₹60,000₹62,828
322₹5,000₹1,20,000₹1,32,235
333₹5,000₹1,80,000₹2,08,909
344₹5,000₹2,40,000₹2,93,612
355₹5,000₹3,00,000₹3,87,185
366₹5,000₹3,60,000₹4,90,557
377₹5,000₹4,20,000₹6,04,752
388₹5,000₹4,80,000₹7,30,905
399₹5,000₹5,40,000₹8,70,269
4010₹5,000₹6,00,000₹10,24,225
4111₹5,000₹6,60,000₹11,94,302
4212₹5,000₹7,20,000₹13,82,189
4313₹5,000₹7,80,000₹15,89,751
4414₹5,000₹8,40,000₹18,19,046
4515₹5,000₹9,00,000₹20,72,352
4616₹5,000₹9,60,000₹23,52,182
4717₹5,000₹10,20,000₹26,61,314
4818₹5,000₹10,80,000₹30,02,816
4919₹5,000₹11,40,000₹33,80,078
5020₹5,000₹12,00,000₹37,96,844
5121₹5,000₹12,60,000₹42,57,251
5222₹5,000₹13,20,000₹47,65,869
5323₹5,000₹13,80,000₹53,27,745
5424₹5,000₹14,40,000₹59,48,458
5525₹5,000₹15,00,000₹66,34,167
5626₹5,000₹15,60,000₹73,91,679
5727₹5,000₹16,20,000₹82,28,512
5828₹5,000₹16,80,000₹91,52,973
5929₹5,000₹17,40,000₹1,01,74,236
6030₹5,000₹18,00,000₹1,13,02,440

NPS vs PPF for retirement planning

Same ₹5,000/month for 30 years.

NPS · 10% return

₹1,13,02,440

Market-linked, locked till 60

PPF · 7.1% guaranteed

₹61,80,364

Safe, 15-year lock-in

NPS builds ₹51,22,075 more than PPF over the same period.

Frequently asked questions

Related calculators

Decisions are connected — explore the next one in your plan.

NPS returns are market-linked. Annuity rates vary by provider and age at retirement.