Plan your investments and withdrawals effectively with this SWP calculator designed for Indians.
Year | Balance at Start (INR) | Monthly Withdrawal (INR) | Interest Earned (INR) | Balance at End (INR) |
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The Systematic Withdrawal Plan (SWP) Calculator is a powerful tool designed to help you plan your investments and withdrawals effectively. It provides a clear picture of how your investment will grow over time while accounting for regular withdrawals and inflation. Whether you're a retiree looking for a steady income stream or an investor aiming for disciplined withdrawals, the SWP calculator is an essential resource for smart financial planning.
A Systematic Withdrawal Plan (SWP) calculator is your financial buddy that helps you plan your withdrawals from investments smoothly. By entering details like your initial investment, interest rate, inflation rate, withdrawal amount, and time period, it gives you a clear picture of how much money you can withdraw at regular intervals without depleting your funds too quickly. It takes the guesswork out of the equation, helping you manage your finances more confidently and ensuring your savings last as long as you need them.
Let's say you invested ₹10,00,000, and you plan to withdraw ₹20,000 quarterly for 5 years, with an annual interest rate of 7% and an inflation rate of 3%. Here's a simplified table showing how it might look:
Year | Beginning Balance | Interest Earned | Withdrawal | Ending Balance |
---|---|---|---|---|
1 | ₹10,00,000 | ₹70,000 | ₹80,000 | ₹9,90,000 |
2 | ₹9,90,000 | ₹69,300 | ₹80,000 | ₹9,79,300 |
3 | ₹9,79,300 | ₹68,551 | ₹80,000 | ₹9,67,851 |
4 | ₹9,67,851 | ₹67,750 | ₹80,000 | ₹9,55,601 |
5 | ₹9,55,601 | ₹66,892 | ₹80,000 | ₹9,42,493 |
Using an SWP, you can maintain financial stability while ensuring your investments last longer. It’s like having a financial safety net that adapts to your life’s pace and needs.
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Read Morereal rate = ((1 + nominal rate) / (1 + inflation rate)) - 1
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