[l2ridehd]

You need to set up a plan. That plan should include and income and expense budget. You should look at your investment strategy and build a SWR (safe withdrawal rate) that works for you based on your age and longevity expectations. Develop the budget first. What you need to meet all your expenses. Then look at your income. Pensions, SS, and then see how much you need to withdraw each month from your investments to make those match. Standard seems to be 4% annually, but you need to make sure that works. If you can do it with only 3% or 3.5% so much the better. Keeping your AA (asset allocation) at a safe balance (standard is age in bonds the rest in stock) and meet your expenses with a 3% withdrawal rate, adjusted each year for inflation, you should never go broke.