Negative on the NPS?

A curious pattern has emerged in the influencer-driven corners of social media. Advisors and finfluencers, some of whom are quite prominent, have begun campaigning aggressively against the National Pension System. Their posts attract thousands of shares, their videos rack up impressive view counts, and their comment sections fill with worried investors wondering if they've made a terrible mistake. The arguments against NPS follow a familiar pattern. They point to restrictions on withdrawals, complain about annuity requirements, calculate opportunity costs with impressive precision and conclude that savers would be better off avoiding it entirely. Some go further, urging existing subscribers to withdraw their money if their corpus is small enough and they fit the other conditions to qualify for early exit. Suggested read: NPS gets an upgrade Here's what strikes me about this campaign: it's technically correct on many points, whilst being fundamentally wrong about investing. The critics are so focused on optimising every decimal point of returns that they are unable to see the whole picture.