Plan your retirement using our updated National Pension System calculator. Discover how your monthly savings accumulate over time, and see exactly how much monthly pension you can lock in for your golden years.
Enter your desired monthly pension and current age. The calculator finds the required monthly investment (10% return, 20% annuitised at 6%, exit at 60).
Leave it zero if you are new to NPS.
Leave it zero if you don't plan to increase contribution over time.
Maximum age till when you plan to contribute.
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The National Pension System (NPS) is a voluntary, long-term retirement savings scheme regulated by the Pension Fund Regulatory and Development Authority (PFRDA) and backed by the Government of India. It allows you to invest systematically during your working life to build a substantial retirement fund. Upon retirement, you can withdraw a tax-free lump sum while converting the remaining portion into a guaranteed monthly pension.
The entry gates for the National Pension System are highly inclusive:
The Indian government and the PFRDA have recently overhauled the NPS framework to give you far greater control, liquidity, and time to grow your wealth. If you are planning your retirement, these recent policy shifts completely change the game:
A minimum contribution of ₹1,000 per financial year is mandatory to keep your NPS Tier 1 account active. Missing this minimum will result in the account being frozen, requiring a penalty to reactivate. You can contribute via monthly systematic investments (SIPs) or ad-hoc lump sums through your designated Point of Presence (POP) or the official Central Recordkeeping Agency (CRA) portals.
Let’s illustrate the potential of NPS with a practical example.
Suppose you are 30 years old and plan to contribute ₹50,000 annually to your NPS Tier I account until you retire at age 60 (a tenure of 30 years).
For this projection, we’ll assume an average annual return of 10%.
Over these three decades, your consistent annual contributions, can lead to a substantial retirement corpus. This example highlights how disciplined, long-term investing in NPS can build a significant fund for your post-retirement life.
Here’s a detailed table showing the compounding of your ₹50,000 annual investment over 30 years at an assumed 10% annual return:
| Year | Age | Opening Balance (₹) | Annual Contribution (₹) | Assumed Interest (₹) | Closing Balance (₹) |
|---|---|---|---|---|---|
| 1 | 31 | 0 | 50,000 | 5,000.00 | 55,000.00 |
| 2 | 32 | 55,000.00 | 50,000 | 10,500.00 | 1,15,500.00 |
| 3 | 33 | 1,15,500.00 | 50,000 | 16,550.00 | 1,82,050.00 |
| 4 | 34 | 1,82,050.00 | 50,000 | 23,205.00 | 2,55,255.00 |
| 5 | 35 | 2,55,255.00 | 50,000 | 30,525.50 | 3,35,780.50 |
| 6 | 36 | 3,35,780.50 | 50,000 | 38,578.05 | 4,24,358.55 |
| 7 | 37 | 4,24,358.55 | 50,000 | 47,435.86 | 5,21,794.41 |
| 8 | 38 | 5,21,794.41 | 50,000 | 57,179.44 | 6,28,973.85 |
| 9 | 39 | 6,28,973.85 | 50,000 | 67,897.39 | 7,46,871.24 |
| 10 | 40 | 7,46,871.24 | 50,000 | 79,687.12 | 8,76,558.36 |
| ... | ... | ... | ... | ... | ... |
| 25 | 55 | 39,26,099.64 | 50,000 | 3,97,609.96 | 43,73,709.60 |
| 26 | 56 | 43,73,709.60 | 50,000 | 4,42,370.96 | 48,66,080.56 |
| 27 | 57 | 48,66,080.56 | 50,000 | 4,91,608.06 | 54,07,688.62 |
| 28 | 58 | 54,07,688.62 | 50,000 | 5,45,768.86 | 60,03,457.48 |
| 29 | 59 | 60,03,457.48 | 50,000 | 6,05,345.75 | 66,58,803.23 |
| 30 | 60 | 66,58,803.23 | 50,000 | 6,70,880.32 | 73,79,683.55 |
Total Contribution: ₹15,00,000 (₹50,000 x 30 years)
Total Assumed Gain: ₹58,79,683.55
Projected Retirement Corpus (FV): ₹73,79,683.55
Please note: This example uses an assumed average annual return of 10%. Actual returns on NPS are market-linked and can vary. The table provides a simplified view of annual compounding for illustration.
Disclaimer: The above content is for informational purposes only and is not meant to be taken as investment, financial, or any other kind of advice. This is not a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments.
