National Pension Scheme : If you want that after you your wife can get regular income in the form of household expenses and in future your wife should not depend on anyone for money. For this you have to arrange for regular income today. For this, the National Pension Scheme (NPS) has brought a tremendous plan for you.
Open account in wife’s name
You can open a New Pension System (NPS) account in the name of your wife. The NPS account will give a lump sum amount to your wife on attaining the age of 60 years. Every month they will also have regular income in the form of pension. Not only this, with NPS account you can also decide how much pension your wife will get every month. With this, your wife will not be dependent on anyone for money after the age of 60.
invest like this
You can deposit money every month or yearly as per your convenience in the New Pension System (NPS) account. You can open an NPS account in the name of your wife with just Rs 1,000. The NPS account matures at the age of 60. If you want, you can run the NPS account till the age of the wife is 65 years.
Monthly income up to 45 thousand
If your wife is 30 years old and you invest Rs 5000 every month in her NPS account. If he gets 10 per cent return on investment annually, then at the age of 60, he will have a total of Rs 1.12 crore in his account. They will get about 45 lakh rupees out of this. Pension will start getting around Rs 45,000 every month. He will continue to get this pension for life.
fund manager account management
NPS is the Social Security Scheme of the Central Government. The money you invest in this scheme is managed by a professional fund manager. The central government gives this responsibility to these professional fund managers. In such a situation, your investment in NPS is completely safe. If you invest your money under this scheme, the return on it is not guaranteed. NPS has given an average annual return of 10 to 11 per cent since its inception.
Lump sum amount – pension
Age – 30 years
Total investment period- 30 years
Monthly Contribution – Rs 5,000
Estimated return on investment – 10%
Total Pension Fund – Rs 1,11,98,471 (Amount can be withdrawn on maturity)
Amount to buy annuity plan – Rs 44,79,388
Annuity rate 8% – Rs 67,19,083
Monthly pension- Rs 44,793.
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Investment Tips Quotes: Invest your retirement money like this, you will get tremendous returns