Financial plan with retirement planning!

A financial plan is never complete without retirement planning. There are several financial products available to achieve the retirement corpus such as Employee Provident Fund (EPF), Public Provident Fund (PPF), Mutual Funds, Life Insurance, National Pension System (NPS) etc. Each products offers unique benefits & its own risk-reward returns. NPS in my view is one such product which can be considered for retirement planning. Its main objective is to create a retirement corpus. It offers compounding benefits due to its long-term nature; it has lower charges and is efficiently managed by abled fund managers. It usually gives inflation beating returns and has tax benefits in terms of income tax deduction of Rs.2,00,000/-.