Open NPS account in your wife’s name, thick income will come every month

new Delhi: If you are the sole earner of your family and your wife is a home maker, then there is some concern. There is always a question in your mind that how will you go home if you are not there? At the same time, you also want to make your wife self-sufficient so that a regular income will come in your absence. In such a situation, you can make your wife self-sufficient by investing in National Pension Scheme. If you want that in the future your wife does not depend on anyone for money, then you can arrange regular income for your wife.

Open new pension system account in wife’s name
You can open a New Pension System (NPS) account in your wife’s name. NPS account will give lump sum amount to your wife on completion of 60 years of age. Also, they will also have regular income as a pension every month. With an 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 years.

Easy to invest money
You can deposit money every month or yearly as per your convenience in New Pension System (NPS) account. You can open an NPS account in the name of a wife from Rs 1,000. At the age of 60, the NPS account matures. According to the new rules, if you want to keep running the NPS account till the age of the wife is 65 years.

Monthly income up to 45 thousand possible
Understand by example – your wife is 30 years old and you invest 5000 rupees every month in her NPS account. Our partners According to them, if they get 10 percent annual return on investment, then at the age of 60 years, there will be a total of 1.12 crore rupees in their account. They will get about 45 lakh rupees from it. Apart from this, they will get pension around Rs 45,000 every month. They will continue to get this pension for life.

How much will be the lump sum and how much pension
How much pension will you get?
Age – 30 years
Total Investment Period – 30 years
Monthly contribution – Rs 5,000
Estimated Return on Investment – 10%
Total pension funds – Rs 1,11,98,471 can be withdrawn at maturity.
44,79,388 Amount to buy annuity plan.
67,19,083 Estimated Annuity Rate 8%
Monthly pension – Rs 44,793.

read this also: LIC reduced its interest rate, customers will get the cheapest home loan so far

Fund managers do 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 responsibility to these professional fund managers. In such a situation, your investment in NPS is completely safe. However, the money you invest under this scheme does not guarantee returns. According to financial planners, NPS has given an average annual return of 10 to 11 per cent since inception.



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