NPS Calculation: If you also want to beautify your wife’s future or old age, then this news is just for you. By investing in NPS, you will start getting a pension of about Rs 51,848 every month at the age of 60.
NPS Calculation: If you want that your wife does not have to worry about the expenses in old age and she lives a secure life, then start investing in NPS for her today. With this you will continue to have regular income. How can you get a fat pension by investing in the National Pension Scheme, let’s see the calculation.
NPS account in the name of wife
On opening the account in NPS account, your wife will get a lump sum amount on attaining the age of 60 years. Apart from this, there will also be regular income every month in the form of pension. That is, in old age, your wife will not be dependent on anyone for money.
It is also very easy to invest
You can deposit money every month or yearly as per your convenience in the New Pension System (NPS) account. 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.
See calculation here
- If your wife’s age is 21 years.
- You make monthly investment of Rs 4,500.
- Your total investment will have to be 39 years till the age of 60 consecutively.
- Accordingly, your annual investment will be Rs 54000.
- The total investment in 39 years will be Rs 21.06 lakh.
- If on an average 10% return is given on this, then the amount on maturity will be Rs 2.59 crore.
how pension will be calculated
Accordingly, you will get a pension of Rs 51,848 a month on retirement.
Actually, you will get Rs 1.56 crore as soon as you retire.
Actually, there is an option of 40 percent annuity in NPS.
That is, a lump sum amount of Rs 1.56 crore will be available.
The remaining amount of Rs 1.04 crore will go to the annuity.
Now from this annuity amount, you will get a pension of Rs 51,848 every month.
Keep in mind that the higher the annuity amount, the more pension you will get.
