pb4uski
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I just thought of a good reason to use an income approach to withdrawals, ie only spend divs. Sequence of return risk is zero if you assume divs don't get reduced. Even if you relax this assumption I would guess the chances of a material div reduction is less than a material market decline. Also, div paying stock is on average less volatile.
So if you are worried about sequence of return risk but don't want to increase your FI allocation, this approach might reduce your risk while keeping the upside?
Only drawback is that your WR is low so you may never save enough to be able to retire, but other than that...... good plan.