> If your net worth starts decreasing when you retire you retired a decade too early. […] and no financial advisor worth the paper their business card is printed on would suggest you spend more than your investments earn in retirement.
Principal liquidation is just fine and has lots of theoretical/historical analysis to support it, with (tens of) millions of people doing it as we speak.
Completely wrong:
* https://en.wikipedia.org/wiki/Trinity_study
* https://en.wikipedia.org/wiki/William_Bengen
Principal liquidation is just fine and has lots of theoretical/historical analysis to support it, with (tens of) millions of people doing it as we speak.