NPS Vatsalya Calculator: Can your child get Rs 30 crore retirement corpus with just Rs 2,000/month contribution; understand it through calculation
NPS Vatsalya Calculator: The NPS Vatsalya account is for minors in the 0-18-year age group. At 18 years of age, the NPS Vatsalya account holder can convert their NPS Vatsalya account into a normal NPS account.
NPS Vatsalya Calculator: Retirement planning is slowly getting popularity among new-age investors. However, still, very few people start their retirement planning in their mid- or late-20s. Still, a lot of people start retirement planning in their mid-30s or early-40s. But retirement planning for a newborn is still an uncommon concept. But what can be the benefit of starting retirement planning at an age when parents should think about the child's upbringing? In investment, the early starter always gets an edge over a person who starts late. Starting early gives them one year of compounding on their investment. So, even if they start with a small amount, their corpus can be quite large when they reach the retirement age. Minors entry into National Pension System (NPS) Vatsalya provides them with an opportunity to build a sizeable corpus with a small monthly investment. Know more about the scheme and what will be the retirement corpus if one invests Rs 2,000 monthly for a span of 60 years.
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What is NPS Vatsalya?
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Minimum and maximum age for NPS Vatsalya account holders
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Who owns NPS account?
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Minimum deposit to open NPS Vatsalya
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Does NPS Vatsalya allow lump sum or monthly deposit?
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What is the equity exposure in NPS Vatsalya?
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Will NPS Vatsalya account be operational for life?
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Can 100% corpus be withdrawn from NPS Vatsalya?
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NPS Vatsalya: Retirement corpus calculation
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NPS Vatsalya: Retirement corpus on Rs 2,000/m contribution till 18 years of age.
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