Retirement calculator
NPS Calculator
The National Pension System builds a retirement corpus from regular contributions. At exit, part of the corpus must buy an annuity (a pension) and the rest can be withdrawn.
Your details
Estimated retirement corpus
₹1,13,96,627
Total contribution
₹18,00,000
Estimated annuity allocation (40%)
₹45,58,651
Estimated lump sum
₹68,37,976
Illustrative monthly pension
₹22,793
Corpus at retirement
- Lump sum₹68,37,976 (60%)
- Annuity purchase₹45,58,651 (40%)
With a corpus above ₹12 lakh, at least 20% must buy an annuity and up to 80% can be taken as lump sum.
The pension shown is illustrative. Actual annuity rates depend on the insurer, annuity type and your age at purchase. Pension income is taxable.
Corpus growth
Year-wise breakdown
| Year | Contribution | Estimated value | Estimated gains |
|---|---|---|---|
| 1 (age 31) | ₹60,000 | ₹63,351 | ₹3,351 |
| 2 (age 32) | ₹1,20,000 | ₹1,33,337 | ₹13,337 |
| 3 (age 33) | ₹1,80,000 | ₹2,10,650 | ₹30,650 |
| 4 (age 34) | ₹2,40,000 | ₹2,96,059 | ₹56,059 |
| 5 (age 35) | ₹3,00,000 | ₹3,90,412 | ₹90,412 |
| 6 (age 36) | ₹3,60,000 | ₹4,94,645 | ₹1,34,645 |
| 7 (age 37) | ₹4,20,000 | ₹6,09,792 | ₹1,89,792 |
| 8 (age 38) | ₹4,80,000 | ₹7,36,996 | ₹2,56,996 |
| 9 (age 39) | ₹5,40,000 | ₹8,77,521 | ₹3,37,521 |
| 10 (age 40) | ₹6,00,000 | ₹10,32,760 | ₹4,32,760 |
| 11 (age 41) | ₹6,60,000 | ₹12,04,255 | ₹5,44,255 |
| 12 (age 42) | ₹7,20,000 | ₹13,93,708 | ₹6,73,708 |
Formula used
- Corpus = C × [((1 + i)ⁿ − 1) ÷ i] × (1 + i)
- Annuity amount = Corpus × annuity %
- Monthly pension = Annuity amount × annuity rate ÷ 12
Assumptions
- Non-government subscribers: at least 20% of the corpus must buy an annuity on normal exit when the corpus exceeds ₹12 lakh (PFRDA amendment, December 2025). Smaller corpuses have relaxations: up to ₹8 lakh can be withdrawn fully.
- Government sector subscribers: at least 40% annuity.
- Annuity rates depend on the insurer and annuity type at the time of purchase. Pension income is taxable.
Scheme rates and rules as on: October–December 2026 quarter. You can change rates in the calculator.
Disclaimer
This calculator provides illustrative estimates only, based on the inputs and assumptions you enter. Results are not guaranteed, do not reflect the performance of any specific product, and do not consider taxes, charges or inflation unless stated. They are not investment advice. Mutual fund investments are subject to market risks. Read all scheme related documents carefully.
Would you like to discuss your result? Message us on WhatsApp or book a consultation.
Related calculators
- SWP CalculatorSee how long a corpus lasts with monthly withdrawals.
- Retirement by ExpenseRetirement corpus needed for your monthly expenses.
- Retirement by TargetInvestment needed to reach a retirement corpus target.
Let's talk
Ready to plan your next financial step?
Book a no-obligation conversation with Roopesh Agarwal at our Gomti Nagar office, over a call or on WhatsApp.