NPS Wealth & Annuity Pension Calculator Pro (2026)
Forecast your total National Pension System (NPS Tier 1) retirement corpus at age 60, split between 60% tax-free lump sum and 40% mandatory monthly annuity pension, optimize additional ₹50,000 tax savings under Section 80CCD(1B), and generate an A4 Retirement Statement.
payments 1. Monthly Contribution & Horizon
Tier-1 account recurring monthly deposit
Blended equity (E) & debt (C/G) asset allocation
pie_chart 2. Annuity Purchase & Pension Rate
Mandatory minimum 40% for pension annuity
Life annuity rate offered by insurers (LIC/SBI Life)
badge 3. Subscriber PRAN & Details
1. Corpus Distribution & Pension Schedule
| Component / Head | Amount (₹) | Share (%) | Tax Status & Compliance |
|---|---|---|---|
| Total Principal Capital Contributed | ₹36,00,000.00 | 15.8% | Sec 80CCD(1) & 80CCD(1B) deductions |
| Compound Wealth Gain (10% CAGR) | ₹1,91,93,640.00 | 84.2% | Market-linked compounding growth |
| Lump Sum Withdrawal (Age 60): | ₹1,36,76,184.00 | 60.0% | 100% Tax-Free under Sec 10(12A) |
| Annuity Corpus Purchased: | ₹91,17,456.00 | 40.0% | Generates lifelong monthly pension |
2. Three-Tier Income Tax Deductions
1. Section 80CCD(1): Up to 10% of salary (or 20% of gross income) within ₹1.5L cap.
2. Section 80CCD(1B): Exclusive additional deduction of up to ₹50,000 over & above 80C.
3. Section 80CCD(2): Employer contribution up to 10% of salary (14% for Govt) completely tax-exempt.
Investor Guide: NPS Tax Advantages & Superannuation Slabs
add_moderator Section 80CCD(1B) ₹50K Extra Cap
While Section 80C maxes out at ₹1.5 Lakhs, NPS offers an exclusive additional deduction of ₹50,000 under Section 80CCD(1B). In the 30% tax bracket, this directly saves ₹15,600 in tax every single year!
verified 60% Tax-Free Lump Sum Rule
Upon reaching age 60, up to 60% of your accumulated corpus can be withdrawn as a lump sum completely tax-free under Section 10(12A). The remaining 40% is deployed into an approved Annuity Service Provider (ASP) for life pension.