Cut-Throat
Thinks s/he gets paid by the post
And VPW is not "Safe" . Sure there will be money left as a mathematical certitude but the food and shelter might run out first.
Well, let's put it this way, it will be much safer than the off touted 4% Rule..... I am using VPW and if the Market Drops 50%, my Withdrawal Amount only drops 15%, based on my asset allocation. Add to this Social Security and it's even a smaller portion of my budget. For anyone who studies VPW and employs it properly, running out of 'food an shelter' is quite laughable. It would take a complete financial meltdown on a global scale for this to happen... Where nothing you could do would save you, let alone a different withdrawal scheme.
If you cannot cut your Budget by 15% you probably should not be retired. So while your point is correct academically, it's not even close to correct in practicality.