InvestorQ : National Pension Scheme is best suited for what kind of individuals?
Suhani Mirza made post

National Pension Scheme is best suited for what kind of individuals?

Answer
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Pratik vyas answered.
1 year ago


Old age, and hence retirement, is an inevitable part of life. None of us are going to remain young forever and its only wise that we plan for our twilight years well in advance, when we have the time to work extra and work around our finances as well.

The National Pension Scheme is a voluntary and long-term investment plan for those who want to create their retirement corpus.

The National Pension Scheme is best suited for:

- Those individuals who are risk averse

- Private sector employee

- Any salaried individual who wants to invest in a manner that best utilizes the Section 80C deductions.