Calculate your Systematic Withdrawal Plan to understand monthly income, corpus longevity, and inflation impact.
Inputs
₹
years
Adjust to match your target timeline.
₹
Adjust for inflationApply annual inflation to withdrawals
%
Allowed range: 1 - 10%
Loading results...
Results
Update needed
You can withdraw:₹-- / monthLasts for: -- years
Lasts till
--
Total withdrawn
--
Last SWP
--
Want a second opinion?
Speak with a Finnovate planner to pressure-test your SWP strategy.
--
--
--
Rate this calculator
Tap again to undo.
Assumptions: monthly withdrawals, constant returns, taxes not included.
Details
View year-by-year details
Corpus over time
Withdrawal over time
Year
Opening balance
Total withdrawals
Monthly withdrawal
Closing balance
SWP (Systematic Withdrawal Plan) - explained
Use this SWP calculator to plan monthly withdrawals from a mutual fund corpus. It helps you compare two goals: how long your money can last or how much you can withdraw each month. You can also add inflation to see how buying power changes over time.
An SWP (Systematic Withdrawal Plan) lets you withdraw a fixed amount at regular intervals, usually monthly, by redeeming fund units. If returns are strong and withdrawals are modest, your corpus can last longer. If withdrawals are high or returns are weak, the corpus can deplete earlier.
How the calculator works (formula and assumptions)
Monthly rate:i = (1 + r)^(1/12) - 1, where r is the annual return.
Balance after n months (fixed withdrawal W):Bn = P(1+i)^n - W * ((1+i)^n - 1) / i
Assumptions: withdrawals at month-end, constant average return, no fees or taxes, and inflation applied annually when enabled.
Tax note (India): Each SWP payment includes principal and gains. In most cases, only the gains are taxable. Rules differ for equity and debt funds and may change, so verify with current guidance.
How to use this calculator
Use this SWP calculator to plan monthly withdrawals and understand how long your corpus can last. Start by selecting your goal, then enter your corpus and expected return. If you enable inflation, the calculator adjusts withdrawals each year to reflect rising costs.
Goal selection: choose “How long will it last?” or “How much can I withdraw?” based on your need.
Core inputs: enter corpus amount, expected return, and plan duration (years).
Inflation toggle: switch it on to see an inflation-adjusted SWP and a changing withdrawal over time.
Review results: check monthly income, total withdrawn, and the last SWP value to judge sustainability.
Refine the plan: adjust inputs until the outcome matches your retirement or goal timeline.
SWP example (India)
Scenario:
Total investment: ₹50,00,000
Monthly withdrawal: ₹25,000
Expected return (p.a.): 10%
Time period: 10 years
Inflation (for reference): 6% p.a.
Results:
Total withdrawals: ₹30,00,000
Total returns earned: ₹59,72,116
Final value (nominal): ₹79,72,116
Final value in today's rupees (inflation-adjusted at 6%): ₹44,51,588
First 3 months (illustration)
Month
Opening
Interest
Withdrawal
Closing
1
₹50,00,000
₹39,871
₹25,000
₹50,14,871
2
₹50,14,871
₹39,989
₹25,000
₹50,29,860
3
₹50,29,860
₹40,109
₹25,000
₹50,44,969
Inputs and outputs
Inputs
Corpus amount: the lump sum you start with.
Monthly withdrawal: used in the “How long will it last?” goal.
Expected return (p.a.): average annual return assumption.
Plan duration: used in the “How much can I withdraw?” goal.
Inflation (p.a.): optional, used to show real spending power.
Outputs
Monthly withdrawable or years: based on your goal selection.
Lasts till: projected end month and year.
Total withdrawn: total payouts over the schedule.
Last SWP: the withdrawal amount in the final year (inflation-adjusted when enabled).
When an SWP can help
Retirement income: create a monthly pay-cheque from your corpus.
Goal drawdown: fund education or a sabbatical over a fixed period.
Bridge income: cover expenses until pensions or annuities begin.
Tips to try
Use a conservative return assumption.
Enable inflation to see real spending power.
Reduce withdrawals if the corpus depletes too early.
SWP vs SIP vs STP
SWP: money out of a fund as regular withdrawals.
SIP: money into a fund as regular investments.
STP: shift money between funds on a schedule.
Tax basics
Each payout has principal and gains.
Typically only gains are taxable.
Tax rules differ for equity vs debt funds and can change.
FAQs
1. Can the corpus run out?
Yes, if withdrawals are high or returns are low. This tool highlights when depletion is likely.
2. What return should I use?
Use a conservative rate. Many investors test 2 to 3 percent lower than expectations.
3. Can I change the withdrawal later?
Yes. Most funds allow changes or pauses to SWP instructions.
4. Does SWP affect NAV?
Units are sold at the fund's NAV. Selling reduces your units; NAV for others is unaffected.
5. Is SWP the same as dividends (IDCW)?
No. SWP is a planned redemption; IDCW is a distribution decided by the fund.
6. Does the calculator include expense ratio and exit load?
Ongoing expenses are in NAV; exit loads (if any) are not modeled here.
7. Monthly vs quarterly payouts?
This tool models monthly. Quarterly payouts are similar but cash flow is lumpier.
8. What is a good withdrawal rate?
There is no single number. Many retirees test 3 to 6 percent per year of starting corpus.
9. Can I delay the first withdrawal?
Not yet. This calculator assumes withdrawals start immediately.
10. Can I save or share my plan?
This version focuses on calculations only. You can note your inputs and results for comparison.
