Midpack
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Unless your floor income is guaranteed, IMHO it would be wise for all retirees to know how their nest egg stacks up against their annuitization hurdle, which changes with age and SPIA % payouts (correlated to yield/interest rates). I check ours quarterly, but odds are we will never act on it. If you don't act on it that's fine, but I'd think we'd all want to be conscious of crossing that line, there may be no return...
YMMV
http://www.schulmerichandassoc.com/Modern_Portfolio_Decumulation.pdf
YMMV
http://www.schulmerichandassoc.com/Modern_Portfolio_Decumulation.pdf