The safe withdrawal rate of 4% (or whichever figure you pick) already includes inflation. The rule is supposed to be that you have a high probability of withdr

The safe withdrawal rate of 4% (or whichever figure you pick) already includes inflation. The rule is supposed to be that you have a high probability of withdrawing $X per year, each year, adjusting for inflation, where $X is 4% of your initial starting sum.