New Delhi, Oct. 16 -- Smart financial planning for your future during retirement would include not only relying on savings to get by but also using your investments to generate monthly income as per your lifestyle and requirements. Thus, retirement planning demands a careful analysis of various factors, foreseeable or not.

An option that investors can choose to continue earning from their investment even after retirement, and keep the corpus invested, is the systematic withdrawal plan (SWP). This feature allows mutual fund investors to withdraw fixed amounts at regular intervals - monthly or quarterly basis, while keeping the corpus invested.

It is a popular method of monthly or quarterly "encashment" for retired individuals or for supp...