Retirement
NPS Calculator
Estimate your National Pension System corpus and pension. Move the sliders or type exact numbers — results update instantly.
Formula checked by Naman, Fistotex founderLast updated Free · No sign-up · Runs in your browser
Your inputs
At least 40% of the corpus must buy an annuity.
40% – 100%Estimated monthly pension
₹45,587
- Total contributed
- ₹36,00,000
- Lump sum available
- ₹1,36,75,952
- Annuity corpus
- ₹91,17,301
Growth over time
Figures are estimates based on the inputs and assumptions shown. Actual outcomes will differ. This is not financial advice.
Guide
NPS Calculator: what it does and when to use it
An NPS calculator estimates the corpus your National Pension System account could build by retirement, and splits it into the lump sum you can withdraw and the part used to buy an annuity for a monthly pension.
Adjust the expected return to match your asset mix. A higher equity allocation has higher expected returns and more volatility.
How to use it: set each input with the slider or type an exact figure. Results, the chart and the shareable link update instantly.
- Current age
- 30 years
- Retirement age
- 60 years
- Monthly contribution
- ₹10,000
- Expected return
- 10%
- Annuity allocation
- 40%
- Annuity rate
- 6%
- Total contributed
- ₹36,00,000
- Lump sum available
- ₹1,36,75,952
- Annuity corpus
- ₹91,17,301
- Estimated monthly pension
- ₹45,587
Method
How this calculation works
The exact formula and assumptions behind the numbers above.
Formula
Corpus uses the SIP formula; the annuity portion pays corpus × annuity rate each year.
Pension = (corpus × annuity %) × annuity rate ÷ 12.
Assumptions
- The lump-sum portion is tax-free; the annuity income is taxable as salary.
- A higher annuity allocation means a safer but usually smaller income.
Questions
Frequently asked questions
How much must go into an annuity?
At least 40% of the corpus at retirement. The remaining 60% can be withdrawn as a lump sum.
Is NPS tax-efficient?
Contributions may qualify for deduction under Section 80CCD, subject to the applicable limits for your regime.
What return does NPS give?
It depends on the mix of equity, corporate bonds and government securities you choose and on market performance. Past returns of NPS schemes are published by PFRDA.
Can I withdraw NPS before 60?
Partial withdrawals are allowed for specific purposes after a minimum period, and premature exit is subject to stricter annuity rules. Check current PFRDA rules before planning an early exit.
Disclaimer
This calculator is an educational tool. It provides estimates based on the inputs and assumptions shown, and does not constitute personalised financial, investment or tax advice. Actual returns, interest, taxes and fees will vary. Please consult a qualified professional before making financial decisions.