After retirement, you have a good amount so that you can spend the rest of your life comfortably. The more investment the return. But don’t worry, there are also investments where if you deposit 74 rupees every day, then you can become a millionaire after retirement.
Every working person wants a relaxed life near retirement. Life where there is no shortage of money. Do not spread your hands in front of your children or your relatives. Without money, comfort cannot be imagined. In such a situation, the jobber has to worry about his life that a lot of money should be deposited till retirement.
Deposit 74 rupees every day
So let’s get rid of this worry. For this, you should start preparing right now. After retirement, you have a good amount so that you can spend the rest of your life comfortably. But for this you will have to invest from today itself. The more investment the return. But don’t worry, there are also investments where if you deposit 74 rupees every day, then you can become a millionaire after retirement. To get a larger fund after retirement, you have several options to invest. Anil Gupta, a well-known finance expert from Jamshedpur, believes that the National Pension Scheme is the best in this. Yes, NPS can make you a millionaire after retirement. Anil Gupta says, the specialty of this scheme is that you do not need to deposit any hefty amount in it. Rather, you can become a millionaire by depositing a small amount in it every month. There is a saying, it fills the sea from drop to drop. So NPS is the same man.
Be a millionaire like this
According to finance expert Anil Gupta, you have to invest Rs 2220 every month in NPS. That is, on a daily basis, you get only Rs 74 each day. Have to invest only. This small investment is Rs. 10.65 lakhs in 40 years. Will reach to. Suppose you are getting nine percent return on this investment, in such a situation you will get a total of Rs 1.02 crore at the time of maturity. Its other feature is, you will also get tax exemption. In these 40 years, you will also save tax of about 3.31 lakhs.
60 percent permission to withdraw money
After 40 years, you cannot withdraw Rs 1.02 crore at one go. Only 60 percent of your invested money and maturity can be withdrawn. The remaining 40 percent will be deposited in the Amount Annuity Plan, from which you will get pension. In this way, you can withdraw only 61.59 lakhs from your account. The remaining Rs 41 lakh will go to the annuity plan. With this 40 percent balance, after retirement, you get Rs 27000 every month. Pension will be given every month.
Open NPS account at home
There is no need to go round to open an NPS account. You can open an NPS account right from home. For this, subscribe online by visiting the official website of any bank, click on the new registration link on the registration page. Then enter the virtual ID number, from which you will get the OTP on the registered number. Then generate an enrollment number and after this enter your personal details. After this, obtain the PRAN number and log in.
How to get returns
NPS is a market linked scheme. The return on it depends on the equity market. Here the returns can also be low. There is no possibility of getting a fixed or similar return. Double tax rebate: An additional tax rebate of Rs 50000 can be taken in NPS above Rs 1.5 lakh. You get an additional tax exemption of Rs 50000 for contribution to NPS under Section U / S 80 CCD 1 (B) of Income Tax Law. In this way, you get tax rebate on annual investment of up to Rs 2 lakh in NPS.
