Is there a formula for this?

[roadkill]

"If things get bad, you will naturally tighten the belt and get by on less"

I agree... Once my portfolio is positioned to provide a level of cash flow, my simple country boy approach is to evaluate the lay of the land every year and adjust spending accordingly.

 

[cute fuzzy bunny]

Do a search for "33% thats my story" and "cutting costs in retirement" as thread topics for some golden oldie info...