Tinkering, just for an exercise right now. Let's say you define your expenses for the year as $100K and that represents a 3% WR. While you have already pulled your $100K for this years expenses in early Jan, you expect 2022 expenses to be similar. Come end of Jan, due to a fast market run up, you have hit a 3% return ($100K in unrealized gains). Does in make sense to take the chips off the table the day of the year you see your returns produce the next years (and perhaps the year after's expenses in big bull market), rebalance, rinse and repeat? I've been inclined to do my year's expenses withdrawal/rebalance 1 time a year and deal with the market returns/yield once, as opposed to cashing out. None the less, something to think about. Anyone employ this "rule"/strategy or something like it?