generated by metaai Everyone sometimes in their life tries to make proper and safe plans for their retirement and investment. Let's take a look at an example. You have 15000000 investment if it grows 15% CAGR [year by year growth] then how much you can withdraw with SWP each month from now without decreasing the total corpus, and what will be the corpus after 10 years. To calculate the monthly withdrawal you can make using a Systematic Withdrawal Plan (SWP) from your mutual fund investment without decreasing the total corpus, and to determine the corpus after 10 years, we need to consider the following: 1. Initial Investment (P): ₹15,000,000 2. Annual Growth Rate (CAGR): 15% 3. Time Period (T): 10 years 4. Monthly Withdrawal (SWP): This is what we need to calculate. Step 1: Calculate the Future Value of the Corpus After 10 Years The future value (FV) of your investment after 10 years, assuming it grows at 15% CAGR, can be calculated using...
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