Pension Calculator
Calculate expected pension based on your contributions. Estimate your retirement income from pension schemes.
Results
Total Corpus at Retirement
₹0
Estimated Monthly Pension
₹0
Total Contribution
₹0
How to Use Pension Calculator
- 1
Enter monthly contribution
- 2
Specify years until retirement
- 3
Input expected return and annuity rate
- 4
View projected pension
Pension Calculator Formula
Corpus = P × [{(1 + r)^n - 1} / r] × (1 + r); Pension = (Annuity Portion × Annuity Rate) / 12Example Calculation
Input Values
Monthly Contribution
₹10,000
Years to Retirement
25 years
Expected Return
9 %
Annuity Rate
6 %
Results
Total Corpus at Retirement
₹1,13,66,914
Estimated Monthly Pension
₹22,734
Total Contribution
₹30,00,000
Frequently Asked Questions
How is pension calculated?
In NPS/pension plans, corpus is built through contributions. At retirement, 40% must buy annuity which provides monthly pension.
What is annuity?
Annuity is a financial product that provides regular payments for life in exchange for a lump sum.
Can I withdraw entire pension corpus?
In NPS, 60% can be withdrawn tax-free at retirement. 40% must be used to buy annuity for pension.