Those numbers seem to assume none of it is invested...
You can get, averaged over several years, something like $50k/year from that.
You can get, averaged over several years, something like $50k/year from that.
I don’t think it’s sound advice to keep your retirement in stocks when you’re actually in retirement...
But you also don't know how long you'll live for, so to have your money doing nothing for 20/(30?!) years could hurt. My wife's grandmother is 99. That's a long time in low-growth near-cash.