The picture shows 'after inflation', and the rule of thumb is indeed a 4% redraw rate, so the graph seems about right. At 4%, you will keep your capital. At low

The picture shows 'after inflation', and the rule of thumb is indeed a 4% redraw rate, so the graph seems about right. At 4%, you will keep your capital. At lower rates, you will burn some capital, but not enough to go bankrupt, unless you are really unlucky (last part was also calculated). So in my opinion, the graph confirms the rule of thumb.