NPS Withdrawal: Don't Make Mistakes! Understand SLW and SUR for Retirement Funds

• NPS withdrawals after retirement are governed by specific rules, not a lump sum payout.
• Two main options are SLW (Systematic Lump-sum Withdrawal) and SUR (Systematic Unit Redemption), each with different impacts on your retirement corpus.
• SLW provides a fixed monthly amount, but can deplete funds faster in a falling market as more units are sold.
• SUR involves selling a fixed number of units, meaning monthly income fluctuates with market performance.
• Experts recommend SLW for fixed expenses and SUR for those with other income sources and tolerance for market volatility; consider tax implications and a bucket strategy for market downturns.