If I only depend on the National Pension System (NPS), will I overlook the need for flexible savings to cover unexpected costs, medical bills, or family needs that could affect my retirement plan?
NPS is great for retirement and taxes, but it locks your money away. Since you can't easily withdraw it for emergencies, try keeping 3 to 6 months' worth of cash in a savings account or FD first. It provides the flexibility that NPS doesn't.
