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.
You can use the appropriate citation option from below to add a reference to this page.
Term | Full Form | Category |
---|---|---|
SWP | Safe Work Practices | Others |
SWP | Safe Work Procedure | Others |
SWP | Safe Working Practices | Others |
SWP | Safe Working Pressure | Others |
SWP | Sailor World Photo | Others |