In addition to what others have said about 5% being hard to achieve conservatively, you have to factor in inflation if you want your principal to remain intact

In addition to what others have said about 5% being hard to achieve conservatively, you have to factor in inflation if you want your principal to remain intact in a meaningful sense. Let's call inflation 3% (it's lower now but there's no obvious reason to assume that'll continue) and you're down to 100k annually in real (inflation-adjusted) terms.