What is systematic withdrawal plan calculator?

A systematic withdrawal plan (SWP) calculator is a tool that helps calculate the expected regular withdrawal amount from a mutual fund or other investment vehicle, based on the invested amount, investment duration, and expected rate of return. An SWP is a type of investment plan where the investor withdraws a fixed amount of money at regular intervals (such as monthly or quarterly) from their investment portfolio.

To use an SWP calculator, you typically need to enter the invested amount, the expected rate of return, the duration of the investment, and the withdrawal frequency. The calculator will then estimate the regular withdrawal amount, based on the invested amount and expected rate of return, over the duration of the investment.