Let us know how you can get a pension of Rs 50,000 per month every month from NPS after retirement.
Let us tell you that the government runs the National Pension Scheme to secure the future of the employed.
Under the government's National Pension Scheme (NPS), you can get a pension of up to Rs 50,000 every month.
Let us tell you how much money you will have to invest every month to get a pension of up to Rs 50,000.
To get a pension of 50 thousand rupees every month after retirement, you have to start investing from the age of 24.
You must deposit Rs 6,000 in the National Pension Scheme (NPS) every month by saving only Rs 200 daily.
Thus, after investing for 36 years at a 10% annual return, your total NPS investment at maturity will be Rs 2,54,50,906.
Even after buying an annuity for 40% of your total corpus, you will get a pension of Rs 50,902 per month after retirement.
To get a pension of up to Rs 75 thousand after retirement, you have to invest Rs 10 thousand in NPS every month.
If an investor invests Rs 10,000 every month in NPS for 35 years, then his total NPS maturity would be Rs 3,82,82,768.
An investor investing Rs 10,000 per month will get a pension of Rs 76,566 every month after his retirement.
Let us tell you that the NPS account holder gets an income tax exemption of up to Rs 1.5 lakh and an additional Rs 50,000.