EPF vs NPS Retirement Calculator

💡 What Does This Calculator Do?

The EPF vs NPS Calculator provides a side-by-side comparison between Employee Provident Fund (EPF) and National Pension System (NPS) for Indian taxpayers in FY 2026-27. It projects your total retirement accumulation, compares fixed 8.25% returns vs market-linked growth, calculates extra Section 80CCD(1B) tax savings, and estimates your post-retirement monthly annuity pension.

📋 How to Use It

1. 1
   Age & Tenure: Enter your current age and target retirement age (e.g. 30 to 60 years).
2. 2
   Monthly Contribution: Enter how much money you plan to invest every month in EPF or NPS.
3. 3
   Tax Bracket: Select your income tax slab (30%, 20%, 15%, etc.) to evaluate Section 80CCD(1B) savings.

🧬 The Logic Explained Simply

• The Concept: EPF offers guaranteed 8.25% fixed interest with 100% tax-free maturity (EEE status). NPS offers market-linked higher returns (10-12%), an extra ₹50,000 tax deduction, and a mandatory 40% annuity pension.
• The Formula: Compounded Monthly Growth = Monthly Deposit × [((1 + i)^n - 1) / i] × (1 + i).

💡 Real-World Calculation Breakdown

Suppose a 30-year-old invests ₹10,000 per month until age 60 (30 years / 360 months):

1. 1
   EPF (at 8.25% p.a.): Total invested ₹36,00,000 accumulates a 100% tax-free corpus of ₹1,49,85,320.
2. 2
   NPS (at 10.5% p.a.): Total invested ₹36,00,000 accumulates a total corpus of ₹2,46,67,110.
3. 3
   NPS Pension: 60% lump sum (₹1,48,00,266 tax-free) + 40% annuity (₹98,66,844) yielding approx ₹49,334/month pension.
4. 4
   Extra Tax Saved: In the 30% slab, NPS Sec 80CCD(1B) saves ₹15,600 in tax every single year!