Originally Posted by kronan

iPhone typing will do it to you every time.

But the typical ROT on drawing down your savings in Retirement is 4%. Goal is to not withdraw funds so quickly that you bleed your principal to 0$ to early.
Monte Carlo gaming has that as something like an 85-90% chance of the same, inflation adjusted of course, level of spending for 30 years of retirement.

If you're only planning to live for a year, then all you truly need saved is 130k. Would be a huge shift in your lifestyle if a Medical Miracle added another 29 years to your life though.

So, 3.25M * .04 = 130k.

In Practice, rather than a hard and fast rule, better way to budget things is to evaluate how your savings did over the past year and spend a bit more or ratchet things down a bit.
Year by year