National Pension System: Through NPS account, you can also decide how much pension your wife will get every month. With this investment, your wife and family will not be financially dependent on anyone after the age of 60 years.
NPS Investment: If you want to secure the future of your family along with you, then this news will make you happy. Yes, if you also want to make your wife self-sufficient and want to do some investment for regular income, then we will inform you about it. Yes, this regular income will be completely different from your income. For this, you can open your wife’s account in the National Pension Scheme. The investment made here secures your future.
Will get lump sum amount on maturity
Opening of National Pension Scheme (NPS) account in the name of wife will have many benefits. From the NPS account, your wife will get a lump sum amount on the maturity of the account i.e. at the age of 60 years. Not only this, every month the wife will also get regular money as pension. Not only this, through NPS account you can also decide how much pension your wife will get every month. With this investment, your wife and family will not be financially dependent on anyone after the age of 60 years. Let us know in detail-
Invest on every year or month basis
You can invest in NPS every month or annually as per your convenience. You can open an NPS account with just Rs 1,000. NPS account matures at the age of 60 years. Under the changed rules in the past, you can invest in NPS account even till the age of 65 years.
Pension will be around Rs 45,000
If we talk through an example and assume that your wife is currently 30 years old and you invest Rs 60000 annually or Rs 5000 monthly in her NPS account. If there is a return of 10 percent annually on this investment, then at the age of 60, he will have a total of Rs 1.13 crore in his account. He will get around Rs 45 lakh out of this. Apart from this, he will start getting a pension of around Rs 45,000 every month. The most important thing is that they will continue to get this pension for life.
How much pension will you get?
- Age – 30 years
- Total investment period – 30 years
- Monthly contribution – Rs 5,000
- Estimated return on investment – 10 percent
- Total Pension Fund – Rs 1,13,96,627
- Amount to buy annuity plan – Rs 45,58,651
- Estimated Annuity Rate 8% – Rs 68,37,976
- Monthly pension – around Rs 45,000
Fund managers manage accounts
NPS is the Social Security Scheme of the Central Government. Your investments in this scheme are managed by professional fund managers. These professional fund managers are given the responsibility by the Central Government. In this way your investment in NPS remains completely safe. However, there is no guarantee of return on the money invested under it. According to financial planners, NPS has given an average annual return of 10 to 11 percent since its inception.
