IFSCIndex

NPS Calculator

Total Retirement Corpus

₹2,27,93,253

At Age 60 (30 years of investing)

Total Investment

₹36,00,000

Interest Earned

₹1,91,93,253

Maturity Amount

₹2,27,93,253

Min. Annuity (40%)

₹91,17,301

Adjust Parameters

₹
₹500₹1,50,000
Yrs
18 Yrs55 Yrs
%
8%15%

Corpus Breakdown

Total Corpus

₹2,27,93,253

Invested
Interest

Wealth Accumulation Over Time

Timeline SnapshotYear 31
Total Invested₹1,20,000
Interest Earned+₹6,703
Total Value₹1,26,703

💡 Hover or tap any bar to explore other years

YEARS
Total Invested
Interest Earned

Year-by-Year Growth Projection

YearAgeTotal InvestedInterest EarnedTotal Balance
1 Year31₹1,20,000₹6,703₹1,26,703
2 Years32₹1,20,000₹19,970₹2,66,673
3 Years33₹1,20,000₹34,627₹4,21,300
4 Years34₹1,20,000₹50,818₹5,92,118
5 Years35₹1,20,000₹68,705₹7,80,824
6 Years36₹1,20,000₹88,465₹9,89,289
7 Years37₹1,20,000₹1,10,294₹12,19,583
8 Years38₹1,20,000₹1,34,409₹14,73,993
9 Years39₹1,20,000₹1,61,049₹17,55,042
10 Years40₹1,20,000₹1,90,479₹20,65,520
11 Years41₹1,20,000₹2,22,990₹24,08,510
12 Years42₹1,20,000₹2,58,905₹27,87,415
13 Years43₹1,20,000₹2,98,582₹32,05,997
14 Years44₹1,20,000₹3,42,413₹36,68,409
15 Years45₹1,20,000₹3,90,833₹41,79,243
16 Years46₹1,20,000₹4,44,324₹47,43,567
17 Years47₹1,20,000₹5,03,416₹53,66,983
18 Years48₹1,20,000₹5,68,696₹60,55,679
19 Years49₹1,20,000₹6,40,812₹68,16,491
20 Years50₹1,20,000₹7,20,478₹76,56,969
21 Years51₹1,20,000₹8,08,488₹85,85,457
22 Years52₹1,20,000₹9,05,712₹96,11,169
23 Years53₹1,20,000₹10,13,118₹1,07,44,287
24 Years54₹1,20,000₹11,31,770₹1,19,96,057
25 Years55₹1,20,000₹12,62,847₹1,33,78,903
26 Years56₹1,20,000₹14,07,649₹1,49,06,552
27 Years57₹1,20,000₹15,67,614₹1,65,94,166
28 Years58₹1,20,000₹17,44,329₹1,84,58,495
29 Years59₹1,20,000₹19,39,548₹2,05,18,043
30 Years60₹1,20,000₹21,55,210₹2,27,93,253

Mastering the 60/40 Rule in NPS

The National Pension System (NPS) is arguably the most powerful retirement tool in India due to its low fund management charges and market-linked returns. However, the withdrawal rules at maturity (age 60) are strict.

Out of your total accumulated retirement corpus, a maximum of 60% can be withdrawn as a tax-free lump sum. This is your completely liquid cash to spend or reinvest as you wish. The remaining 40% is locked—it must be handed over to an annuity service provider (ASP) to generate a monthly pension for the rest of your life. The pension you receive from this annuity is fully taxable as per your income tax slab.

Calculate your retirement corpus, tax-free lump sum, and mandatory annuity investment with the NPS Calculator.

NPS Calculator — Frequently Asked Questions

Learn the rules behind the 60% lump sum withdrawal and 40% mandatory annuity.

The National Pension System (NPS) is a voluntary, long-term retirement savings scheme regulated by the PFRDA (Pension Fund Regulatory and Development Authority). It offers a mix of equity, corporate bonds, and government securities to help you build a massive retirement corpus.

NPS strictly matures when the subscriber reaches the age of 60. Partial withdrawals before age 60 are allowed only under specific conditions (e.g., medical emergencies, higher education, or buying a house).

At age 60, you cannot withdraw the entire corpus. You are allowed to withdraw up to 60% of the total accumulated corpus as a completely tax-free lump sum. The remaining 40% MUST be used to purchase an Annuity plan from a PFRDA-approved life insurance company, which will provide you with a regular monthly pension.

NPS offers dual tax benefits. You get a standard deduction of up to ₹1.5 Lakh under Section 80C. Additionally, you get an exclusive deduction of up to ₹50,000 under Section 80CCD(1B), making the total possible tax deduction ₹2 Lakhs per year.

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