Depends. There’s a fair bit of value in knowing you have more than you could ever possibly need your whole life. Like say you spend $500,000 a year and have $1

Depends. There’s a fair bit of value in knowing you have more than you could ever possibly need your whole life. Like say you spend $500,000 a year and have $10 million, which earns about $700,000 in returns. And you’re happy at that level of spending. You then have massive security your whole life. Whereas if you time it to run out on time, a reversal could leave you destitute when you’re least able to recover. Past a certain point it’s hard to think of what to spend on unless you step up to much more expensive things like personal jets etc.