While systematic investment plans (SIPs) bring in a disciplined approach and harness the power of compounding, systematic withdrawal plans (SWPs) play a crucial role in retirement planning, income management and ensure peace of mind for investors seeking to generate income from their investment portfolios. With an SWP, investors have the freedom to determine the withdrawal amount, frequency, and duration tailored to their requirements. SWP is not only beneficial for retirees but also for individuals seeking regular income.
Financial calculators offer oversimplified projection and can come apart easily; why you must not take these as final word
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