National Pension Scheme: If you want to get more funds i.e. monthly pension of lakhs of rupees after retirement, then a good scheme for you can be National Pension System ie NPS.
This scheme will give the benefit of pension after 60 years on your investment. This scheme gives you the benefit of both equity and debt. Experts believe that this scheme is a better option for this retirement planning and 10% annual return can be achieved in it and that too without taking much risk. According to tax and investment experts, if the NPS account holder makes a monthly contribution of Rs 12,500 from the age of 25, he can also get a tax rebate of Rs 1.5 lakh annually.
How much interest rate in long term
If you invest for a long period, then according to experts, you can get 10 percent interest or even more. However, for this, 60:40 equity loan ratio will have to be maintained. In such a situation, if an investor invests Rs 12 thousand 500 every month, then he can save tax up to Rs 1.5 on filing income tax return.
Monthly pension of Rs 95,707
If someone starts investing at the age of 25 and continues investing till the age of 35, then according to the NPS calculator, the account holder will get a maturity amount of Rs 2.87 crore and a monthly pension of about Rs 95,707 from the annuity.
How to get Rs 3 lakh
According to experts, to increase the pension amount, investment will have to be made for Systematic Withdrawal Plan. This will give a return of 7% to the investors. If the NPS account holder invests the NPS withdrawal amount of Rs 2.87 crore, then the monthly income from the investment will be Rs 1.99 lakh. In such a situation, a pension of about Rs 2.94 lakh will be received. However, you should invest in it only after understanding your risk and return.
