SWP Calculator

An SWP calculator, or the Systematic Withdrawal Plan Calculator, helps you decide when and how much to withdraw from your Mutual Funds. It shows you the withdrawal amount on a fixed date, the remaining amount, and the SWP return rate. You can use the SWP calculation to streamline your cash flows, estimate how much money you need for retirement, or receive a steady monthly income from investments. It's a valuable tool to calculate the future value of your SWP funds.

The SWP Calculator works on a simple formula. To use the systematic withdrawal calculator, you input the following details:

1. Total Investment Amount

An amount that you decide to start your SWP plan with.

2. Withdrawal Amount

The fixed amount for your regular withdrawals is monthly, quarterly or yearly.

3. Expected Rate of Return

Your estimated SWP return rate grows each year.

4. Investment Duration

You decide the tenure to stay invested in SWP funds.

The next step is to apply the formula to calculate the systematic withdrawal plan returns:

A= PMT {(1+r/n)^nt-1/(r/n)}

Here:

• 'A' is for the ultimate value of the investment
• 'PMT' is the payment amount per amount
• 'n' is the compounding frequency
• 't' is your investment tenure

Let's take an example, you start with Rs. 5,00,000 taking out Rs.8000 monthly with an expected annual return rate of 12% over the 5 years. The SWP Calculation will look like this:

• Total Investment: Rs.5,00,000
• Total Withdrawal: Rs,4,80,000
• Final Value: Rs.2,38,441

The values subtracted and the final balance would be indicated on the calculator. This way you can figure out if the SWP plan is right for you or not.

Here is a step-by-step guide for using the hazel-free systematic withdrawal calculator:

Step 1 - Go to the SWP Calculator page on MySIPonline.

Step 2 - Enter your Initial Investment Amount.

Step 3 - Enter your Withdrawal Amount (monthly, quarterly, or annually).

Step 4 - Input the Expected Rate of Return (annual).

Step 5 - Set the Investment Tenure (years).

Step 6 - Click on the Calculate icon for final results.

Step 7 - Review the total withdrawals, total interest earned and final value.

Secure your future via the Best SIP Platform for top SWP plans in India.