Using the NPS Corpus & Annuity Scenario Calculator
Start with your existing corpus and regular contribution. Try different return and contribution-increase assumptions, then compare the annuity allocation and payout rate separately: a larger purchase amount and a better quoted annuity rate have different effects.
Worked example
Use the example inputs below to reproduce this result. These are the form's starting values, not recommended targets. Changing your inputs updates your result above; this worked example stays fixed for comparison. Results are rounded for display.
Example inputs
- Current age
- 30
- Retirement age
- 60
- Existing corpus (₹)
- 0
- Monthly contribution (₹)
- 5000
- Annual contribution increase (%)
- 0
- Assumed nominal annual return (%)
- 8
- Corpus allocated to annuity (%) — scenario
- 40
- Illustrative annual annuity payout rate (%)
- 6
Example result
- Projected corpus (₹)
- 7,451,797.24
- New contributions (₹)
- 1,800,000
- Annuity purchase scenario (₹)
- 2,980,718.9
- Remaining corpus (₹)
- 4,471,078.35
- Illustrative monthly pension (₹)
- 14,903.59
- Yearly projection
- Year 1: deposits 60,000; interest/growth 2,249.63; balance 62,249.63 Year 2: deposits 60,000; interest/growth 7,416.32; balance 1,29,665.95 Year 3: deposits 60,000; interest/growth 13,011.84; balance 2,02,677.79 Year 4: deposits 60,000; interest/growth 19,071.79; balance 2,81,749.58 Year 5: deposits 60,000; interest/growth 25,634.71; balance 3,67,384.28 Year 6: deposits 60,000; interest/growth 32,742.34; balance 4,60,126.63 Year 7: deposits 60,000; interest/growth 40,439.91; balance 5,60,566.54 Year 8: deposits 60,000; interest/growth 48,776.38; balance 6,69,342.91 Year 9: deposits 60,000; interest/growth 57,804.76; balance 7,87,147.68 Year 10: deposits 60,000; interest/growth 67,582.5; balance 9,14,730.18 Year 11: deposits 60,000; interest/growth 78,171.78; balance 10,52,901.96 Year 12: deposits 60,000; interest/growth 89,639.97; balance 12,02,541.93 Year 13: deposits 60,000; interest/growth 1,02,060.02; balance 13,64,601.95 Year 14: deposits 60,000; interest/growth 1,15,510.92; balance 15,40,112.87 Year 15: deposits 60,000; interest/growth 1,30,078.24; balance 17,30,191.11 Year 16: deposits 60,000; interest/growth 1,45,854.64; balance 19,36,045.75 Year 17: deposits 60,000; interest/growth 1,62,940.47; balance 21,58,986.22 Year 18: deposits 60,000; interest/growth 1,81,444.42; balance 24,00,430.64 Year 19: deposits 60,000; interest/growth 2,01,484.19; balance 26,61,914.83 Year 20: deposits 60,000; interest/growth 2,23,187.25; balance 29,45,102.08 Year 21: deposits 60,000; interest/growth 2,46,691.65; balance 32,51,793.73 Year 22: deposits 60,000; interest/growth 2,72,146.91; balance 35,83,940.63 Year 23: deposits 60,000; interest/growth 2,99,714.94; balance 39,43,655.57 Year 24: deposits 60,000; interest/growth 3,29,571.1; balance 43,33,226.67 Year 25: deposits 60,000; interest/growth 3,61,905.31; balance 47,55,131.97 Year 26: deposits 60,000; interest/growth 3,96,923.24; balance 52,12,055.21 Year 27: deposits 60,000; interest/growth 4,34,847.64; balance 57,06,902.85 Year 28: deposits 60,000; interest/growth 4,75,919.75; balance 62,42,822.61 Year 29: deposits 60,000; interest/growth 5,20,400.83; balance 68,23,223.43 Year 30: deposits 60,000; interest/growth 5,68,573.81; balance 74,51,797.24
Method and assumptions
End-of-month deposits; nominal annual return divided by 12; annual contribution increase from year two. Annuity amount = corpus × supplied allocation; monthly payout = annuity amount × supplied payout rate / 12. These are scenarios, not eligibility or withdrawal-rule advice. Exit requirements depend on sector, corpus, exit type and prevailing PFRDA rules. No claim of tax-free lump sum; taxes/fees and annuity product guarantees are excluded.
Reference: pfrda.org.in — method and further reading
Use consistent assumptions over time
A retirement projection depends on when contributions or withdrawals happen, the rate used and the number of periods. Keep those assumptions visible when comparing scenarios. An amount expressed in future currency is not automatically equivalent to the same amount of purchasing power today. Tax treatment and account rules should be checked separately wherever the model does not include them.
Common question
Is the monthly pension an annuity quote?
No. It is the selected purchase amount multiplied by a user-entered annual payout rate and divided by twelve. Actual provider quotes depend on age, product options and market conditions, and the calculator does not determine exit eligibility or tax treatment.