New Delhi, Jan. 8 -- For any retail investor, one of the most important financial goals is to save for retirement. Effective retirement planning entails investing in one of the popular retirement plans, such as the National Pension System.

Investing in NPS is recommended for retail investors who are looking for safe investment options. Another unique characteristic of NPS is the flexibility it offers.

There are multiple investment options for NPS subscribers as they can determine their allocation to different asset classes such as equity, government securities, corporate debt, and alternative investment fund (REITs and InvITs).

There are broadly two investment choices for NPS subscribers: active choice and auto choice.

Active choice: ...