I agree it's not exactly broke by any reasonable definition, but keep in mind the man is 89 years old. This is his retirement, and while statistically he could

I agree it's not exactly broke by any reasonable definition, but keep in mind the man is 89 years old. This is his retirement, and while statistically he could spend $200-250k/yr and probably have a bit left over when he dies, conventional wisdom says he can pull off $75-80k/yr if he wants to pass on the majority of the principal. Not exactly living the lifestyle of a billionaire.