Personal Finance NPS vs annuity plans: Which is a better investment option for retirement purpose? Updated : August 29, 2020 01:39 PM IST Sound financial planning can ensure a steady flow of income in post-retirement years. There are multiple avenues available in the market that can help in generating wealth for a successful retired life such as National Pension System (NPS) and annuity plans. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.