Calculate how long your corpus will last with systematic withdrawals. See actual longevity, optimal withdrawal amounts, and plan retirement income with inflation-adjusted options.
Lumpsum amount invested (e.g., ₹1,00,00,000)
Choose how you want to withdraw
Fixed amount to withdraw each month
Expected annual return (8-12% for equity, 6-8% for debt)
How many years you plan to withdraw
Annual inflation rate (typically 5-7% in India)
When enabled, your withdrawal amount will increase annually by 8% to maintain purchasing power. Example: ₹50,000 → ₹54,000 (Year 2) → ₹73,466 (Year 6)
⚠️ Warning: This depletes corpus faster! Ensure returns are 3-4% higher than initial withdrawal rate.
Monthly Withdrawal
₹50,000
Max for tenure:
₹1,04,200/month
Corpus Lasts
25.0 Years
(300 months)
Actually: ∞ (Forever!)
Total Withdrawn
₹1,50,00,000
Sustainable Plan!
Your corpus will last for the entire 25-year period with ₹10,30,02,908 remaining at the end.✨ Great news! Your corpus can actually last forever!You can increase withdrawal to ₹1,04,200/month and still meet your 25-year goal.
Remaining Corpus (at end of tenure)
₹10,30,02,908
Inflation-Adjusted Value (at end of tenure)
₹1,50,40,269
Real purchasing power in today's terms
💡 Tip: For sustainable SWP, ensure your annual withdrawal rate is 2-3% lower than expected returns. Example: With 10% returns, withdraw 7-8% annually to allow for market volatility and inflation protection.
Disclaimer: This calculator provides estimates based on assumed constant returns. Actual returns will vary due to market volatility. SWP during market downturns can significantly reduce corpus longevity. The "optimal withdrawal" calculation assumes constant returns and should be used as a guideline, not a guarantee. Consult a financial advisor for personalized retirement planning. Past performance does not guarantee future results.
Get AI-powered portfolio analytics, real-time alerts, and comprehensive market insights.
View Premium PlansThis calculator is for informational and educational purposes only. It does not constitute financial or investment advice. Consult with a qualified financial advisor before making investment decisions.
A Systematic Withdrawal Plan (SWP) Calculator helps you plan regular withdrawals from your investment corpus while keeping the principal invested and growing. SWP is the opposite of SIP - instead of investing monthly, you withdraw monthly for income. This calculator shows how long your corpus will last based on withdrawal amount, expected returns, and inflation. Perfect for retirees generating monthly income from mutual funds, creating pension-like cash flow from lumpsum investments, or planning post-retirement finances. The calculator accounts for corpus growth (from returns) and depletion (from withdrawals) simultaneously, showing the exact month when funds might exhaust. Features both standard SWP (fixed withdrawals) and inflation-adjusted SWP (step-up withdrawals that increase annually to maintain purchasing power). Shows actual longevity if corpus lasts longer than planned tenure, and calculates optimal withdrawal amount to match your retirement timeline.
SWP (Systematic Withdrawal Plan) is the reverse of SIP. In SIP, you invest a fixed amount monthly; in SWP, you withdraw a fixed amount monthly from your existing investment. SWP is ideal for generating regular income from a lumpsum corpus, commonly used by retirees. You invest ₹50 lakh once and withdraw ₹40,000 monthly while remaining corpus continues to grow. Think of SWP as creating your own pension from mutual fund investments. Key benefit: Your money stays invested and grows even while you withdraw, unlike fixed deposits where corpus is static.
Corpus longevity depends on three factors: (1) Withdrawal rate - higher withdrawal = faster depletion, (2) Return rate - higher returns extend corpus life, (3) Ratio between them. Golden rule: If withdrawal rate < return rate, corpus lasts forever (even grows!). Example: 8% annual withdrawal with 10% returns = corpus grows. 12% withdrawal with 8% returns = corpus depletes in 8-10 years. Use this calculator's graph to see exact depletion timeline. For 25+ year retirement, keep withdrawal rate at 4-5% of initial corpus annually with 8-10% expected returns. Monitor and adjust withdrawals based on market performance.
Inflation-adjusted SWP (also called step-up SWP) automatically increases your withdrawal amount each year by the inflation rate to maintain purchasing power. Standard SWP: You withdraw ₹40,000/month forever - but this becomes worth less over time. Inflation-adjusted SWP: You start at ₹40,000/month, but it increases to ₹42,400 in year 2, ₹71,600 in year 10 (at 6% inflation). Use inflation-adjusted SWP when: (1) You need to maintain lifestyle over 20+ years, (2) Your returns are 3-4% higher than initial withdrawal rate + inflation, (3) You have a larger corpus that can handle increasing withdrawals. Warning: Inflation-adjusted withdrawals deplete corpus MUCH faster. Only use if returns are significantly higher than withdrawals. Most retirees should start with standard SWP and manually adjust every 2-3 years based on actual inflation and market performance.
Fixed Amount: Predictable monthly income, easier budgeting. Good if you have fixed expenses (rent, EMIs). Risk: If markets crash and corpus shrinks, fixed withdrawal becomes higher percentage of smaller corpus, depleting it faster. Percentage Withdrawal: Flexible income that adjusts with corpus value. When markets up, you withdraw more; when down, you withdraw less. Protects corpus in downturns. Risk: Income variability makes budgeting harder. Recommendation: Start with percentage (0.5-0.7% monthly) for first 5 years, then switch to fixed amount if corpus has grown sufficiently. Or use hybrid: 70% fixed + 30% variable based on performance.
Conservative assumptions prevent nasty surprises. Recommended: Large-cap equity funds: 10-11%, Balanced/Hybrid funds: 9-10%, Debt funds: 7-8%, Conservative portfolio (60% debt + 40% equity): 8-9%. Never assume >12% for planning. Historical note: Equity funds delivered 12-15% over 20+ years, but with high volatility. For SWP (where you withdraw during downs too), use lower estimates. Pro tip: Calculate with 2-3 scenarios - conservative (8%), moderate (10%), optimistic (12%) - and plan withdrawals based on conservative case. If markets deliver moderate/optimistic returns, bonus! You can increase withdrawals or leave extra for heirs.
Inflation erodes purchasing power significantly over 20-30 year retirement. Example: ₹40,000/month today = ₹40,000 in 20 years, but at 6% inflation, you need ₹1,28,000/month to maintain same lifestyle! Solutions: (1) Use inflation-adjusted SWP feature in this calculator: Automatically increases withdrawal by 5-6% annually to match inflation. (2) Percentage-based SWP: If corpus grows, withdrawals automatically increase. (3) Build larger initial corpus: Instead of ₹50L, aim for ₹75L to handle inflation. (4) Delay SWP: Work 2-3 more years, let corpus grow, then start SWP. This calculator shows inflation-adjusted value - if remaining corpus is ₹50L after 20 years, its real value might be only ₹15L in today's terms. Enable 'Inflation-Adjusted Withdrawals' toggle to see how step-up SWP performs!
SWP is tax-efficient for wealth withdrawal! For equity mutual funds: Each SWP withdrawal has capital gains component (taxed) and capital return component (not taxed). Only gains are taxed. LTCG (>1 year holding): 10% tax above ₹1 lakh annual gains. STCG (<1 year): 15% tax. For debt funds (new rules): All gains taxed as per income slab. Example: ₹50L corpus bought at ₹40L (₹10L gain). Monthly ₹50,000 withdrawal has ₹10,000 gain (20% of withdrawal is gain). Annual gain = ₹1.2L, tax = (₹1.2L - ₹1L exemption) × 10% = ₹2,000 only! Compare to FD: ₹50L at 7% = ₹3.5L interest, tax at 30% slab = ₹1.05L. SWP saves ₹1L+ in taxes annually!
Strategy depends on source of funds and goals. If investing fresh lumpsum (bonus, inheritance): Wait 1-2 years to let corpus grow before starting SWP. Market entry timing matters - if you invest at peak and markets fall 20%, starting SWP immediately locks in losses. Better: Let it recover. If transferring from another investment (sold property, matured FD): Can start SWP immediately if you need income. No point waiting if funds were already invested elsewhere. Retired with immediate income needs: Start SWP right away, but keep 1-2 years' expenses in liquid fund/FD as buffer for market downturns. Sequence of returns risk: Bad returns in first 2-3 years of SWP hurt more than later bad years. Mitigate by starting with lower withdrawal and increasing gradually.
Prevention is key! Use this calculator to ensure sustainability. If calculator shows corpus exhausting in 15 years but you need 25 years: (1) Reduce monthly withdrawal by 20-30%, (2) Increase initial corpus (work 2-3 more years), (3) Invest in higher-return assets (more equity allocation), (4) Delay SWP start by 5 years (let corpus grow), (5) Turn OFF inflation-adjusted withdrawals if enabled. Emergency options if corpus depleting unexpectedly: Stop SWP temporarily for 1-2 years during market crash, reduce withdrawal by 50% for 2-3 years to let corpus recover, sell property/downsize home to add to corpus, take up part-time work for 3-5 years, monetize hobbies/skills for extra income. Always keep 5-year emergency fund separately. Review SWP quarterly and adjust - if markets up 30%, you can increase withdrawal; if down 20%, reduce for 1-2 years.
Depends on age, risk tolerance, and withdrawal rate. For 60-65 age, 25+ year horizon: Aggressive balanced (65% equity, 35% debt) or Equity Savings funds. Equity provides growth to beat inflation, debt provides stability during withdrawals. For 70+ age: Conservative hybrid (30% equity, 70% debt) or Multi-Asset funds. Lower equity for stability, enough for inflation protection. For high withdrawal rate (>6% annually): Stick to debt/conservative hybrid. High equity volatility + high withdrawals = dangerous combination. Popular SWP funds: HDFC Balanced Advantage, ICICI Prudential Equity & Debt, UTI Retirement Benefit, Aditya Birla SL Balanced Advantage. Avoid: Pure equity funds for SWP (too volatile), Pure debt funds (can't beat inflation). Best: Balanced funds that auto-rebalance between equity and debt based on market conditions.
Step-up SWP increases withdrawal amount annually to maintain purchasing power. Example setup: Start: ₹40,000/month, Annual increase: 6% (matching inflation). Year 1: ₹40,000/month, Year 2: ₹42,400/month (40,000 × 1.06), Year 5: ₹50,502/month, Year 10: ₹71,632/month. Implementation: Most AMCs (HDFC, ICICI, SBI, Axis) support step-up SWP in their forms. Tick 'Annual Top-up' option and mention percentage (5-7%). Some allow fixed amount increase too (e.g., ₹2,000/year). Warning: Step-up SWP depletes corpus faster! Ensure your expected returns are 3-4% higher than annual withdrawal rate + step-up rate. Example: 7% initial withdrawal + 6% step-up = need 13%+ returns to sustain. Not realistic. Better: 5% initial withdrawal + 5% step-up with 10-12% expected returns = sustainable for 25-30 years.
Congratulations - you're being very conservative! This means you can: (1) Increase your monthly withdrawal significantly and enjoy a better lifestyle, (2) Retire earlier than planned since corpus will last much longer, (3) Leave a larger inheritance for beneficiaries, (4) Allocate some corpus to higher-risk, higher-return investments. Use the 'Optimal Withdrawal' figure shown - that's the MAXIMUM you can withdraw monthly to last exactly your target 25 years. For example, if optimal is ₹70k but you're withdrawing ₹40k, you have a 75% cushion! Consider gradually increasing to ₹60-65k and monitoring every 2-3 years.
The optimal withdrawal uses binary search algorithm to find the maximum amount that makes your corpus last exactly the tenure you specified. It's mathematically accurate based on constant return assumptions. However, real-world considerations: (1) Returns fluctuate year-to-year (not constant 10%), (2) Sequence of returns matters (bad first 5 years hurt more), (3) Inflation varies annually, (4) You might have unexpected medical expenses. Best practice: Use optimal withdrawal as the MAXIMUM ceiling, then actually withdraw 10-15% less to build safety margin. Example: If optimal shows ₹70k, withdraw ₹60-63k for buffer.
Inflation-adjusted SWP (step-up SWP) increases your withdrawal annually by inflation rate to maintain purchasing power. Standard SWP: ₹40k forever (but worth less over time). Inflation-adjusted: ₹40k → ₹42.4k (Year 2) → ₹71.6k (Year 10) at 6% inflation. Use when: (1) You must maintain exact lifestyle over 20-30+ years, (2) Returns are 3-4% higher than withdrawal rate + inflation, (3) Corpus is large enough. Warning: Depletes corpus much faster! Example: ₹50L corpus with ₹40k starting withdrawal lasts 25 years (standard) but only 18 years (inflation-adjusted) at 10% returns. Most retirees should use standard SWP and manually adjust every 3-5 years based on actual inflation and corpus performance.
You have 4 main options: (1) Reduce Withdrawal: Check the 'Optimal Withdrawal' amount - that's what you need to withdraw to last 25 years. If currently withdrawing ₹80k but optimal is ₹45k, reduce to ₹50k and monitor. (2) Increase Corpus: Work 2-3 more years or downsize house/property to add ₹20-30L to corpus before starting SWP. (3) Higher Returns: Shift to higher-equity allocation (65-70% equity vs 40%) to target 11-12% returns instead of 8-9%. Risky but might work. (4) Hybrid Income: Withdraw ₹50k from SWP + earn ₹30k from part-time work/freelancing for first 10 years. Reduces corpus pressure. Example: ₹50L corpus exhausts in 10 years at ₹70k withdrawal, but lasts 25 years at ₹42k withdrawal OR with ₹80L corpus at ₹70k withdrawal.
Depends on life stage and health: 60-70 years old with good health: Balance both - withdraw 70-80% of optimal amount for safety margin. Enjoy life now but ensure 25-30 year coverage. 70-80 years old: Prioritize current enjoyment - withdraw 90-95% of optimal. You need quality of life NOW. May not need 25+ years. 50-60 years old (early retirement): Prioritize longevity - withdraw only 60-70% of optimal. You might live 35-40+ more years. Build large safety buffer. Health issues: Prioritize current lifestyle - withdraw closer to optimal since longevity might be limited. Example: ₹50L corpus, optimal = ₹50k/month. Conservative 60-year-old: withdraw ₹35-40k. Healthy 75-year-old: withdraw ₹47-48k. Review annually and adjust.
Recommended schedule: Quarterly Review (15 mins): Check corpus value vs projection. If deviation >15%, investigate. Annual Recalculation (2 hours): Update all inputs - current corpus, actual returns, revised life expectancy. Recalculate optimal withdrawal. Adjust by ±10% if needed. Major Life Events (immediate): Medical emergency, inheritance received, market crash >20%, family change. Recalculate immediately. 5-Year Deep Review: Comprehensive reassessment with financial advisor. Example: Started with ₹50L, withdrawing ₹40k. After 5 years: Corpus now ₹62L (markets did well!). Recalculate shows optimal increased to ₹54k for remaining 20 years. Increase withdrawal to ₹48k (leave buffer). Key: Don't panic-adjust for short-term volatility. Only make changes after 12+ months of consistent deviation.
For equity mutual funds (held >1 year): Each withdrawal has tax-free capital return component + LTCG component (10% above ₹1L annual gain). Higher withdrawal = more LTCG = slightly more tax, but still very efficient. Example: ₹40k/month withdrawal: Annual LTCG ~₹1.2L, Tax = ₹2,000/year. ₹60k/month withdrawal: Annual LTCG ~₹1.8L, Tax = ₹8,000/year. Additional ₹20k/month costs only ₹6k more tax/year! For debt funds (new rules): All gains taxed per income slab. Higher withdrawal = more income = could push to higher slab. Example: 20% slab: ₹40k/month = ₹96k tax/year. Increase to ₹60k might push some gains to 30% slab. Strategy: If near slab boundary, consider spreading increase over 2 years instead of immediately. Tax isn't a major concern for moderate increases.
Currently, optimal withdrawal works only for fixed-amount SWP because percentage-based automatically adjusts with corpus value - it's self-regulating! Percentage SWP: 0.7% of corpus/month naturally increases when corpus grows and decreases when corpus shrinks. This built-in flexibility means it rarely exhausts (unless percentage too high). Guideline: Conservative: 0.5-0.6% monthly (6-7.2% annually), Moderate: 0.7-0.8% monthly (8.4-9.6% annually), Aggressive: 0.9-1.0% monthly (10.8-12% annually). Rule of thumb: Keep monthly percentage ≤ (Annual return / 15). Example: 12% return → max 0.8% monthly. If you want predictable income, use fixed-amount with optimal calculation. If you can handle variable income, percentage-based naturally optimizes itself.
Factor your inheritance goal into the calculation: Desired remaining: ₹50L. Current corpus: ₹1 crore. Effective corpus for SWP: ₹50L (= ₹1Cr - ₹50L target). Then calculate optimal withdrawal on ₹50L for your tenure. Example: ₹1 crore corpus, want ₹50L remaining after 25 years. Use calculator with ₹50L corpus → Optimal shows ₹42k/month. Alternative: Set higher expected return to create buffer. Use 8% in calculator even if expecting 10%, effectively setting aside growth for inheritance. Or: Separate corpus - ₹50L in ultra-safe debt (for inheritance, untouched), ₹50L for SWP. Withdraw optimally from SWP portion. Pro tip: Instead of ₹50L cash, consider LIC policy or debt funds to ensure children get exact ₹50L+ (guaranteed), gives you flexibility to withdraw more from remaining corpus.
Market crashes have amplified impact on SWP due to sequence of returns risk: Crash in Year 1-5 (worst timing): Severe damage. Withdrawing when markets down locks in losses. Corpus may recover 30-50% slower. Crash in Year 15-20 (mid-retirement): Moderate impact. Corpus already smaller, but you've weathered early years. Recovery possible. Crash in Year 20-25 (late): Minor impact. Most withdrawals complete, less capital at risk. Example: ₹50L corpus, ₹40k withdrawal, 10% average return over 25 years BUT with 30% crash in Year 2: Without crash: Lasts 25 years. With early crash: Might last only 18-20 years. Mitigation strategies: (1) Keep 2-3 years expenses in liquid funds - don't withdraw from equity during crash. (2) Reduce withdrawal by 20-30% temporarily during market down >15%. (3) Start with conservative withdrawal (70% of optimal) to build buffer. (4) Maintain 60-40 equity-debt balance (not 100% equity) for stability.