SWP for Retirement — Building Your Monthly Income Stream

Building Your SWP Income Plan

Step 1: Calculate your monthly expenses in retirement. Step 2: Factor in other income sources (pension, rental, part-time work). Step 3: The gap needs to come from your SWP. Step 4: Use the SWP calculator to check if your corpus can sustain that withdrawal. Step 5: Choose the right fund for SWP (balanced advantage or hybrid funds work well for SWP).

Recommended Funds for SWP

For SWP, choose funds with lower volatility than pure equity: balanced advantage funds dynamically manage equity/debt allocation, hybrid aggressive funds maintain 65-80% equity, and short-term debt funds for the first 3-5 years of withdrawals.