Retirement planning in NPS: You can lose Rs 21 lakh in monthly income if you buy an annuity plan worth Rs 50 lakh without comparison

NPS investors must choose their annuity plans wisely to avoid significant income loss. Comparing annuity rates from different providers can prevent losses of up to Rs 21 lakh on a Rs 50 lakh investment over 30 years. Annuities without return of purchase price offer higher returns, while those with ROP benefit heirs.