What is the SWP Calculator?
The swp calculator is a free online tool that helps you work out swp quickly and accurately. It uses the standard formula Each month: balance = balance x (1 + r/12) - withdrawal and shows the result instantly as you type, along with a full breakdown so you can see exactly how the answer was reached.
How to use this calculator
- Enter your starting corpus.
- Enter the monthly withdrawal.
- Enter the expected return.
- Enter the period.
- See total withdrawn and remaining balance.
Formula used
Each month: balance = balance x (1 + r/12) - withdrawalExplanation of each input
- Total investment โ the total investment used in the calculation.
- Monthly withdrawal โ the monthly withdrawal used in the calculation.
- Expected annual return (%) โ the expected annual return used in the calculation.
- Period (years) โ the period used in the calculation.
Understanding your result
- Total withdrawn โ the calculated total withdrawn.
- Balance left โ the calculated balance left.
Step-by-step calculation
For the example values 1000000, 10000/month, 8%, 10y:
- Apply the formula:
Each month: balance = balance x (1 + r/12) - withdrawal - Substitute the values: Iterate monthly
- Result: Balance after 10 years (illustrative)
Worked example
| Inputs | 1000000, 10000/month, 8%, 10y |
|---|---|
| Working | Iterate monthly |
| Result | Balance after 10 years (illustrative) |
Benefits and practical uses
This calculator saves you time and reduces errors when you need swp. It is useful for students, professionals and anyone who wants a fast, reliable answer without manual calculation. Results update instantly, work in your browser and can be copied or shared in one click.
Assumptions and limitations
- Constant return.
- Withdrawal at month-end.
- Ignores taxes and exit load.
Frequently asked questions
What is an SWP?
A Systematic Withdrawal Plan lets you withdraw a fixed amount regularly from a mutual fund while the rest stays invested.
Disclaimer: This calculator provides estimates for general information only and is not financial advice. Returns are illustrative and not guaranteed; consult a qualified financial adviser before making decisions.