To add another two cents, maybe consider the fact that some people would rather leave a majority of their estate to future generations rather than focus on capital depletion.
I have no intention of burning most of my investments away when I can instead, over a lifetime, teach my children how to manage their resources and insulate them from concerns most others toil away at.
Even if you spend as little as possible and intend to leave an inheritance, you still must wonder how much you can safely withdraw from your investments, no? Simply wanting a particular outcome is seldom sufficient to make it so.
I have no intention of burning most of my investments away when I can instead, over a lifetime, teach my children how to manage their resources and insulate them from concerns most others toil away at.
I'd instead rather spend as a little as possible.