I would say AMM. I do an analysis each year and project what's prudent to spend depending on how long I expect to be around. I'm not consciously trying to leave an inheritance to my family but if you're living off of assets, and you die before you plan to, you will live something behind.
I live well, not rich, more like independently middle class. 
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“I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said” Alan Greenspan
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