Next: Investing
What a share actually is
A share is a slice of a real business, not a lottery ticket. Where shares come from, how they reach your demat account, and what every trade quietly costs.
19 min
advancedelevated risk
Retirement corpus: the arithmetic
A corpus is not a number you reach, it is a number you draw from. Real returns, the order bad years arrive in, and the rules on how much you may take.
3 lessons · about 24 minutes · written for reading age 13 · last checked 2026-08-14
The only return that counts
A corpus is spent in future rupees, so the growth rate that matters is the one left after inflation — and it is not the nominal rate minus the inflation rate.
8 min
The order bad years arrive in
Two people can earn the same average return over the same period and run out at different times. Once you are withdrawing, the sequence stops being neutral.
8 min
How much you may actually take
A pension corpus is not entirely yours to withdraw. The exit rules set slabs, and above one threshold a fixed share of it is converted into a pension for life.
8 min
Retirement corpus — the whole course
5 questions at the end. Every wrong answer explains itself.
Tools for this
Sources
- Normal Exit — slabs for lump sum and mandatory annuitisation — National Pension System Trust · checked 2026-08-14
- Pre-Mature Exit — the ₹5 lakh threshold and the 80% annuitisation rule — National Pension System Trust · checked 2026-08-14