Money Basics · Intermediate
Retirement: EPF, PPF, NPS and pensions
How to size a retirement goal, and how EPF, PPF, NPS and other schemes can help you build and use it.
What is inside
5 short lessons. Each ends with a quiz, so you know what you have learnt.
The essentials
- The retirement goal
- EPF and PPF
- NPS
- Other pension tools
- Building the plan
Key ideas you will take away
- Set a number.
- Adjust for inflation.
- EPF is employer linked.
- PPF has a long lock.
- NPS is regulated by PFRDA.
- Part goes to an annuity.
Try a question
Q1. Which statement best describes “Retirement corpus”?
- This is the percentage of your savings you draw each year, a rule of thumb and not a guarantee.
- This is the rise in prices over time, which reduces what each rupee can buy.
- This is the chance of outliving your savings.
- This is the total savings you need at retirement to support your expenses for the rest of your life.
Show the answer
D. Retirement corpus: A retirement corpus is the total savings you need at retirement to support your expenses for the rest of your life.
Q2. Which statement best describes “EPF”?
- This is the public provident fund, a government-backed long-term savings account with a rate set periodically.
- This is the employees’ provident fund, where employee and employer contribute a share of salary towards retirement.
- This is voluntary provident fund, where an employee adds extra contribution to the provident fund beyond the required share.
- This is the 15-year term after which the account matures, with options to extend.
Show the answer
B. EPF: EPF is the employees’ provident fund, where employee and employer contribute a share of salary towards retirement.
Frequently asked questions
Is the Retirement: EPF, PPF, NPS and pensions course free?
Yes. Lessons, quizzes and practice are free. Sign in once with your mobile number or Google to start.
Who is the Retirement: EPF, PPF, NPS and pensions course for?
It is a intermediate-level course with 5 short lessons, written in plain language for beginners and for people who advise others on money.
Can I learn this in Hindi or Gujarati?
The app screens switch between English, Hindi and Gujarati at any time, and many quiz questions have translations. Lesson text is in English for now.
Do I get a certificate?
Yes. Pass the course exams to earn a certificate that anyone can verify online.
Is this investment advice?
No. It is education only. Speak to a qualified adviser before you act on your own money.
Related courses
UpperCrust Academy is independent study material from UpperCrust Wealth. It is not affiliated with NISM, SEBI or AMFI. For education only. Not investment advice. Always confirm the latest syllabus and rules on the official NISM website.