SWP Calculator
Calculate Systematic Withdrawal Plan returns. See final balance, total withdrawn, and how long your corpus lasts.
What is a SWP calculator?
A SWP calculator simulates monthly withdrawals from an investment that continues to earn returns on the remaining balance. It tells you how much corpus is left after the chosen tenure — or whether the corpus exhausts before the tenure ends.
SWP for retirement planning
SWPs are the standard income strategy for retirees in India. Park your retirement corpus in a balanced or hybrid fund (returns: 8–10%) and withdraw 5–6% annually. Done right, the corpus can last 25–30 years while still providing inflation-adjusted income. The calculator helps you size the corpus and pick a sustainable withdrawal rate.
SWP vs annuity
Annuities give guaranteed lifetime income but historically poor returns (5–6% pre-tax). SWP from mutual funds gives you control, higher expected returns, and your heirs inherit the residual — but requires discipline and survives only as long as your corpus does. Most retirees use a hybrid: 30% in annuity for floor income, 70% in SWP for upside.
Frequently asked questions
- What is a SWP (Systematic Withdrawal Plan)?
- An SWP is a feature offered by mutual funds that lets you withdraw a fixed amount monthly from your investment, while the remaining balance continues to earn returns. It's the inverse of an SIP and is widely used for retirement income.
- How is SWP different from FD interest payout?
- FD payouts pay only the interest — your principal is locked in until maturity. SWP withdrawals come from both growth and principal, meaning you can withdraw a higher monthly amount but your corpus eventually depletes if returns can't keep up.
- What is the 4% safe withdrawal rate?
- A retirement-planning rule of thumb: withdraw 4% of your initial corpus annually (adjusted for inflation), and historically the corpus survives a 30-year retirement at typical equity/debt mixes. For India, given higher returns and inflation, the equivalent rate sits around 5–6%.
- How does taxation work on SWP?
- Each SWP withdrawal is treated as a redemption. For equity funds: STCG (15%) if held <12 months, LTCG (12.5% above ₹1.25 lakh/yr) if held >12 months. For debt funds (post-April 2023): always slab rate. Only the gain portion of each withdrawal is taxed, not the principal.
- When does my corpus run out?
- If your monthly withdrawal exceeds the monthly return rate × current corpus, the principal starts depleting. The calculator shows the final balance — if it hits zero before your tenure ends, you've withdrawn more than the corpus could sustain at that return rate.
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