NPS: Secure A Rs 1 Lakh Monthly Pension With A Rs 5,000 Monthly Investment – Here's How

The National Pension System ( NPS ) is a market-linked retirement scheme where individuals can make monthly contributions to accumulate a substantial corpus and receive a monthly pension upon retirement. Starting early can significantly boost the final pension amount, even with small monthly contributions. Individuals can start contributing to NPS at the age of 18 and continue until 70. The scheme offers two types of accounts: Tier-I and Tier-II.