NPS Calculator
Estimate your potential National Pension System retirement corpus, total investment, investment returns, lump-sum amount and estimated monthly pension.
NPS Growth Year by Year
The table estimates how your monthly contributions and investment returns could build your retirement corpus.
| Age | Years Invested | Total Contribution | Estimated Returns | Estimated Corpus |
|---|
What is an NPS Calculator?
An NPS Calculator estimates the potential retirement corpus that may be accumulated through regular contributions to the National Pension System. It can also estimate how the corpus may be divided between a lump-sum amount and an annuity at retirement.
How Does This NPS Calculator Work?
The calculator assumes that a fixed contribution is made every month and compounds it using the expected annual return entered by the user. Monthly contributions are treated as being made at the end of each month.
FV = P × [((1 + i)n − 1) ÷ i]
P = Monthly NPS contribution
i = Expected monthly rate of return
n = Total number of monthly contributions
Estimated Returns = Retirement Corpus − Total Contributions
How is Estimated Monthly Pension Calculated?
Estimated Annual Pension = Annuity Corpus × Assumed Annuity Rate
Estimated Monthly Pension = Estimated Annual Pension ÷ 12
NPS Calculation Example
Retirement Age: 60 years
Monthly Contribution: ₹5,000
Expected Annual Return: 10%
Investment Period: 30 years
Total Contributions: ₹18,00,000
The calculator estimates the retirement corpus using monthly compounding and then divides the corpus according to the selected lump-sum and annuity percentages.
What is the Annuity Portion?
An annuity converts part of the accumulated retirement corpus into periodic pension income. The actual pension depends on the annuity amount, annuity provider, selected annuity option, prevailing annuity rates and other applicable conditions.
NPS Returns Are Market-Linked
NPS investments are market-linked, so the expected annual return entered in this calculator is only an assumption. Actual returns can vary from year to year and the final corpus may be higher or lower than the estimate.
Disclaimer: This NPS Calculator is provided for educational and retirement planning purposes only. It does not guarantee investment returns, pension income, tax benefits or withdrawal amounts. NPS rules, exit conditions, annuity requirements, taxation and other regulations may change. Actual annuity income also depends on the annuity product and rates available at the time of purchase. Verify current NPS rules and seek appropriate professional advice where necessary.