How much money will I receive each month?

[Priya]

I am 23 years old, and if I continue, I will invest $7,500 per month in NPS until I am 58 years old.  How much money will I receive each month, and how much will I get after I turn 58?

[Ritika]

Hi

Starting early with NPS is a wise decision because of the power of compounding. Long-term, consistent investing can greatly increase your retirement funds. And investing $7,500 per month for 35 years could result in a substantial capital gain.

Annuity rates, Expected results and Tax effects are some factors from which you need to calculate the precise monthly pension and total capital from your NPS contribution.