> If your net worth starts decreasing when you retire you retired a decade too early. Every quarter you drawdown your networth decreases to cover your expenses

> If your net worth starts decreasing when you retire you retired a decade too early. Every quarter you drawdown your networth decreases to cover your expenses. Then you hope it maintains/stays the same by the stock market predictably reliably recovering from your 1%/quarter (4% drawdown/year) sale/gets offset by dividends, etc. To me it seems it might be noise but there is for sure a period where your net worth decreases as you spend your "nest egg". Especially more so if the market doesn't just go straight up over time on average.