one18

Stories

National Pension System (NPS) NPS is a retirement savings scheme where you invest money regularly during your working years. The money is invested in a mix of shares, government bonds and corporate bonds, so the returns are linked to the market. When you turn 60, you can take out 60% of the money as a lump sum, and use the remaining 40% to buy a regular pension.
C
CNBC TV18•29-09-2026, 13:25
NPS Diwas on Oct 1: India's Retirement Planning Evolves Beyond Traditional Savings
  • •NPS Diwas on October 1 highlights the evolving role of the National Pension System in India's long-term savings landscape, expanding retirement planning beyond just building a corpus.
  • •Initiatives like NPS Vatsalya allow parents to open accounts for minors, fostering early retirement-oriented savings, while NPS Swasthya integrates healthcare into long-term financial planning.
  • •Sumit Shukla, MD & CEO, Axis Pension Fund, notes a shift from retirement planning to ‘lifelong financial resilience’, supported by digital initiatives like Tatkal NPS for easy account opening.
  • •The HDFC Pension's NPS Preference Index Study 2026 shows increasing awareness and consideration for NPS, with respondents estimating an ideal retirement corpus of ’1.5 crore, though this is still below recommended amounts.
  • •Rising healthcare costs and age-related health issues are significant concerns for retirees, with many expecting financial support from family, while recent NPS changes and tax savings drive enrollment despite lock-in barriers.
Read Full Article on CNBC TV18 in English

Key Questions Answered

NPS Vatsalya allows parents and guardians to open a National Pension System account for a minor to build retirement-oriented long-term savings from an early age.

According to HDFC Pension's NPS Preference Index Study 2026, respondents estimated their ideal retirement corpus at ₹1.5 crore, which increased from ₹1.34 crore in 2023.

Rising healthcare costs were cited as a retirement concern by 47% of respondents, while 44% pointed to age-related health issues.

Similar Stories

Real GDP grew 7.8 percent in Q1 FY27, the highest first-quarter growth in the current series, while real GVA expanded 8.2 percent. AI Generated image

India's Economy Set for 7.3% Growth in Q2FY27, Says Finance Ministry

F
Forbes India
India Boosts Green Energy with Major Battery Storage Funding Push

India Boosts Green Energy with Major Battery Storage Funding Push

C
CNBC TV18
NPS Transforms Beyond Tax Savings: A Holistic Retirement and Life-Stage Solution

NPS Transforms Beyond Tax Savings: A Holistic Retirement and Life-Stage Solution

C
CNBC TV18
India Nears 8% Growth on Broad Reforms, Says Shaktikanta Das

India Nears 8% Growth on Broad Reforms, Says Shaktikanta Das

C
CNBC TV18
Standard Chartered's Judy Hsu Sees India's Long-Term Wealth Potential, Praises GIFT City

Standard Chartered's Judy Hsu Sees India's Long-Term Wealth Potential, Praises GIFT City

C
CNBC TV18
Indian Banks Poised to Absorb Q2 Treasury Losses Amidst Robust Credit Growth: Digant Haria

Indian Banks Poised to Absorb Q2 Treasury Losses Amidst Robust Credit Growth: Digant Haria

C
CNBC TV18