NPS Calculator — Corpus & Pension at 60

About NPS Calculator — Corpus & Pension at 60

NPS is India's lowest-cost retirement vehicle (fund charges ~0.1% versus 1.5-2% for mutual funds — a difference worth lakhs over 30 years), and this calculator models its full lifecycle: the default ₹10,000/month from age 30 builds roughly ₹2.28 crore by 60, splitting into a ₹1.37 crore TAX-FREE lumpsum and a ₹30,000/month pension from the mandatory 40% annuity. The annuity rule is the design choice to understand before committing: at least 40% of the corpus MUST buy an annuity at 60 (rates ~6-7%, taxable as income), which guarantees lifetime income but locks capital at modest yields — the structural trade against mutual funds' full flexibility. Equity exposure caps at 75% (Active choice) and glides down with age in Auto modes; the 10% default return assumes equity-heavy allocation through the accumulation years. Tax stacking is NPS's superpower: employer contributions under 80CCD(2) (up to 14% of basic in the new regime) are deductible IN BOTH REGIMES — the single best remaining salary-structure lever; old-regime filers add the exclusive ₹50,000 of 80CCD(1B) on top of 80C. Systematic Lumpsum Withdrawal (SLW) now lets the 60% phase out gradually post-60 rather than exiting at once, and continuation to 75 with fresh contributions is allowed for late accumulators.

How to use NPS Calculator — Corpus & Pension at 60

1. 1Enter Monthly NPS contribution, Current age (years), Expected return (equity-heavy auto choice) (%), Annuity rate at 60 (%) into the NPS Calculator.
2. 2The result is computed automatically using Corpus compounds to 60; minimum 40% must buy an annuity (pension = annuity × rate ÷ 12); up to 60% withdraws tax-free — there is no button to press; it updates live as you type.
3. 3Change any input to model a different scenario, then use “Copy result link” to share the exact numbers.

Why use NPS Calculator — Corpus & Pension at 60?

• ✓Computes nps calculator instantly with the correct formula — no spreadsheet needed
• ✓100% free and unlimited, with no sign-up, login or paywall
• ✓Runs entirely in your browser, so the figures you enter are never uploaded or stored
• ✓Shows the formula, a live worked example and references so you can defend the number

Frequently asked questions

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