If 10 percent return is available on NPS investment annually, then at the age of 60, the total amount in the wife’s account will be Rs 1.12 crore. They will get about 45 lakh rupees out of this. Apart from this, they will start getting pension around Rs 45,000 every month.
Read Also: PM Kisan Yojana: Big news for farmers, new update on KYC released, know what is the last date
NPS: If you want your wife to become self-reliant so that in your absence there is a regular income in the house and in future your wife does not depend on anyone for money, then you can arrange regular income for her today. can. For this you should invest in National Pension Scheme.
Open a new pension system account in the name of wife and avail benefits
You can open a New Pension System (NPS) account in the name of your wife. The NPS account will give a lump sum amount to your wife on attaining the age of 60 years. Along with this, every month they will also have regular income in the form of pension. Not only this, with NPS account you can also decide how much pension your wife will get every month. With this, your wife will not be dependent on anyone for money after the age of 60. Let us know about this scheme in detail.
Read Also: Delhi Metro News: Thieves in Delhi get high, be alert, travel with metro with caution
It is also very easy to invest in
You can deposit money in New Pension System (NPS) account every month or yearly as per your convenience. You can open an NPS account in the name of your wife with just Rs 1,000. The NPS account matures at the age of 60. Under the new rules, if you want, you can run the NPS account till the age of the wife is 65 years.
You can easily get monthly income 45 thousand. until
For example, if your wife is 30 years old and you invest Rs 5000 every month in her NPS account. If he gets 10 per cent return on investment annually, then at the age of 60, he will have a total of Rs 1.12 crore in his account. They will get about 45 lakh rupees out of this. Apart from this, they will start getting pension around Rs 45,000 every month. The most important thing is that they will continue to get this pension for life.
Lump sum amount and pension
You should know, How much will you get pension?
- Age
- 30 years Total investment period – 30 years
- Monthly contribution – Rs 5,000
- Estimated return on investment – 10 per cent
- Total pension fund – Rs 1,11,98,471 (can be withdrawn on maturity) Amountto buy an annuity plan – 44, Rs 79,388
- Estimated annuity rate 8 per cent – Rs 67,19,083
- Monthly pension – Rs 44,793.
Fund manager does account management
NPS is the Social Security Scheme of the Central Government. The money you invest in this scheme is managed by a professional fund manager. The central government gives this responsibility to these professional fund managers. In such a situation, your investment in NPS is completely safe. However, the return on the money you invest under this scheme is not guaranteed. According to financial planners, NPS has given an average annual return of 10 to 11 per cent since its inception.
Read Also:Delhi Metro News: Thieves in Delhi get high, be alert, travel with metro with caution
