Investment period: 30 years (360 months)
Yearly investment: ₹60,000
Historical NPS returns: 9-14% based on asset allocation
Max equity: 75% (reduces by 2.5% annually after age 50)
✓ Section 80CCD(1): Up to ₹1.5 lakh deduction (within 80C limit)
✓ Section 80CCD(1B): Additional ₹50,000 deduction (over and above 80C)
✓ Total annual tax benefit: ₹1,10,000 (save up to ₹62,400 at 30% tax bracket)
✓ EEE status: 60% lump sum withdrawal is completely tax-free at maturity
Estimated at 6% annuity
Mandatory annuity purchase for regular pension
Tax-free withdrawal at maturity
Based on 6% annuity rate (actual rate may vary)
Disclaimer: This calculator provides estimates based on the inputs provided. Actual NPS returns are market-linked and may vary. The annuity rate and pension amount are indicative and will depend on prevailing rates at the time of retirement. Tax benefits are subject to applicable tax laws. Please consult with a financial advisor for personalized advice.