NPS: A Simple Way to Build Your Retirement Fund Visit : https://www.lakshme.com/ Planning for retirement becomes easier when you start saving early. The National Pension System (NPS) is a voluntary, contribution-based retirement savings scheme that helps you build a retirement corpus over time. NPS offers Tier I and Tier II accounts, giving subscribers different options based on their savings needs. At the age of 60, subscribers can withdraw up to 60% of the accumulated amount, while the remaining 40% is generally used to purchase an annuity. Starting small and contributing regularly can help you work towards a more financially secure retirement. Wanted to know more about women financal literacy, register for our free workshop.