SWP calculator

Default result

Drawing ₹50,000/month (rising 6% a year) from ₹1.00 Cr, the corpus runs out in 23 yr 6 mo.

Year-wise table

Computed from the same engine as the calculator above, using the default inputs. Figures are illustrations, not guarantees.

How to use this calculator

1. Enter starting corpus and monthly withdrawal.
2. Set expected return, years, and optional withdrawal step-up for inflation.
3. Read how long the money lasts, total withdrawn and the year-wise balance table.

Formula and worked example

Each month the corpus grows at the effective monthly equivalent of the annual return, i = (1+r)^(1/12)−1, then the withdrawal is taken (Groww SWP convention). Every 12 months the withdrawal is increased by the step-up percentage. Taxes on capital gains and the effect of return volatility (sequence risk) are not modelled.

Simulated month by month (Groww live SWP convention):
  bₘ = bₘ₋₁ × (1 + i) − Wₘ
  i = (1 + annual return)^(1/12) − 1
Wₘ = monthly withdrawal, raised by the step-up % each year.
With no step-up this equals Groww’s closed form:
  Final = round( P·(1+r)^t − W·[((1+i)^(12t) − 1) / i] )
The simulation stops when the balance reaches zero.

Worked example. ₹5,00,000 · ₹10,000/mo · 8% · 5y (no step-up) → final value ₹5,218 (matches Groww). With step-up: ₹1 Cr · ₹50,000/mo · 6% yearly step-up · 9% → lasts 23 years 6 months; ₹2.92 Cr withdrawn.

Examples

Common Indian retail queries. Outputs are generated from lib/finance.js at build time.

Assumptions and limits

• Balance compounds for the month first; the withdrawal is taken at month-end (ordinary annuity) — Groww’s live SWP calculator.
• Monthly rate is the effective equivalent of the annual return, not r÷12.
• Yearly step-up is our extension (Groww’s public SWP has no step-up); same rate and timing.
• Return is assumed constant. Real markets are volatile and the order of returns matters (sequence-of-returns risk is not modelled).
• Figures are pre-tax. Only the gain portion of each withdrawal is actually taxable.
• Ordinary-annuity withdrawals after monthly growth (Groww-style timing).
• Step-up raises withdrawal each year; sequence-of-returns risk is not modelled.
• Figures are pre-tax.

Results are illustrations. Actual outcomes depend on markets, interest rates, taxes and charges, none of which are guaranteed.

Systematic withdrawal plan calculator

An SWP calculator checks whether a corpus can support a monthly debit for the years you care about. With ₹1 crore, withdrawing ₹50,000 a month, a 6% yearly rise in withdrawal and 9% return, the sample run lasts about 282 months before the balance is exhausted. That is a longevity stress test, not a pension guarantee. Lower the withdrawal or the step-up if the ending balance hits zero too early for your plan. Write the swp inputs you trust into your annual review note so next year’s rerun of “Systematic withdrawal plan calculator” starts from recorded figures.

SWP calculator with inflation

Retirement spending rarely stays flat. The step-up field is how this SWP calculator approximates inflation on withdrawals. At 6% step-up on ₹50,000 from a ₹1 crore corpus, total withdrawn in the sample is about ₹2.92 crore before the money runs out near month 282. If your grocery inflation feels higher, raise the step-up and accept a shorter life of the corpus—or start with a larger nest egg. When household opinions differ on risk for swp under “SWP calculator with inflation”, fund the more conservative case first and treat any extra debit as optional top-ups.

SWP tax calculator

This page does not compute tax slabs on each redemption. Equity and debt SWPs have different capital-gains treatments, and tax eats into the cash you actually spend. Use the longevity numbers first—₹50,000 monthly from ₹1 crore lasting roughly 282 months in the default illustration—then ask a CA or advisor how tax will change the net withdrawal. Planning as if withdrawals are tax-free overstates how long the corpus lasts. If the swp instalment for “SWP tax calculator” looks unaffordable, cut the target or add years before you inflate the assumed return unrealistically.

SWP calculator for retirement

Retirees use SWP maths to turn a mutual fund corpus into a paycheck-like debit. The defaults show a ₹1 crore starting pot supporting a rising ₹50,000 withdrawal for about 282 months at 9%. Sequence risk means a bad market in year one can shorten that path even if the average return later matches 9%. Keep one to three years of expenses in safer assets so you are not forced to sell equity units in a crash. After you accept the “SWP calculator for retirement” maths, update nominees and the bank mandate—process gaps undo an otherwise sound swp plan.

Frequently asked questions