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Pension Scheme : Put 5 thousand rupees in the government scheme and get a pension of 44 thousand 793 rupees every month

Pension Scheme: Today we are going to tell you about such a government scheme in this news. In which you can get a pension of Rs 44 thousand 793 every month by investing Rs 5 thousand. Let us know the complete details related to this scheme in this news below.

 NPS Account: Remove the worry of financial planning and retirement. This is such a formula, which will create a fat fund not only on retirement. Rather, the tension of pension will also go away.

There will be regular income and there will be no shortage of money at all. You can also use a trick for double benefit in the National Pension Scheme. Open it in the name of your wife, not yours. To understand what will be the benefit of this, it is necessary to read the whole news.

Decide yourself how much pension is needed in NPS-

On opening an NPS account in the name of his wife, he will get a lump sum amount at the age of 60. Pension will also be given every month. This will bring a good amount as a regular income. The biggest advantage of NPS Account is that you can decide yourself how much pension you want every month.

NPS account will run in the name of wife till the age of 65-

Another major advantage of opening an account in the name of the wife is that she gets the option of investing in this scheme for 65 years. Usually it matures at the age of 60. You can deposit money in it every month or annually. Investment in NPS starts from Rs 1,000.

NPS: How will a fund of more than ₹ 1 crore 11 lakh be prepared?

Suppose your wife’s age is 30 and you started NPS account with an investment of Rs 5000 every month. If the average return is 10% on this, then at the age of 60 the total amount will be Rs 1 crore 11 lakh 98 thousand 471. Out of this, the wife will get around 45 lakh rupees in one go. Now the turn of pension, here he will get pension as regular income of Rs 45,000 every month. They will continue to get this pension for life.

How to understand this calculation of NPS?

  • Age – 30 years
  • Investment – 30 years
  • Monthly contribution – Rs 5,000
  • Estimated return – 10%
  • Total fund – Rs 1,11,98,471 (at maturity)
  • Rs 44,79,388 Amount to buy an annuity plan.
  • 67,19,083 rupees (annuity rate 8 percent)
  • Monthly pension – 44,793 rupees.

Fund managers manage NPS-

NPS i.e. National Pension Scheme is the social security scheme of the Central Government. The special thing is that you have to invest money in the scheme, but professional fund managers will manage it. The central government gives responsibility to professional fund managers. That’s why complete security is guaranteed on the NPS account. Returns are not guaranteed simply because it is a market linked scheme. But, in the last few years, NPS has given an estimated return of 10-12 per cent. So the worry of retirement has gone away.



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