How to Invest in a Pension Product

NPS is a much better product because the costs are very low. When you accumulate the money up to 60%, let us say you have accumulated one crore, 60% of that, which is 60 lakh rupees, you can take out without any incidence of tax. And if somebody is considering a pension product from the point of your retirement planning, NPS is a very good product to consider. But typically not more than 40% is suggested for a person in the retirement phase.