Systematic Withdrawal Plan - Calculate regular income
A Systematic Withdrawal Plan (SWP) allows you to withdraw a fixed amount from your mutual fund investments at regular intervals (monthly, quarterly, etc.). It is the opposite of SIP.
SWP is ideal for retirees looking for a regular income source or for anyone wanting to book profits systematically while keeping the specific corpus invested.
The calculator takes your total investment, withdrawal amount, and expected return rate to determine how long your corpus will last or what your final balance will be after a certain period.
It helps in planning your cash flows effectively without exhausting your savings too quickly.