What is the meaning of SWP in Finance, Investment, Stocks and Trading category?

SWP stands for Systematic Withdrawal Plan. It is a technique of withdrawing money from an investment fund (mutual fund, stocks, gold, etc.) that transfers a fixed amount from the fund to the investor's account. It is a convenient way of getting a fixed monthly, quarterly, or annual income while the remainder of the money keeps growing and generating interest.

SWP is an extremely popular technique among retired people, as it guarantees a regular monthly income to manage living expenses. The SWP calculator at SWP-Calculator.com is a popular tool used globally for SWP calculations.