[david-gpu]

There is a ton of poorly thought advice on this subject online. I recommend looking at some of what more reputable authors have published, such as Wade Pfau.

Even among experts there is not going to be a complete agreement on what is the best strategy, but there is broad agreement on some key points. I will briefly mention the two most important ones in my opinion.

First, realize that since investments compound, the (random) returns you get for the first few years of your retirement will have a disproportionate effect on whether you will have enough long-term. This is called the sequence of returns risk, and there are some things you can do to reduce that risk somewhat.

Second, and as a consequence of the (random) variability of the value of your investments over time, it is very beneficial to be able and willing to cut down on your expenses when your investments have lost value, particularly if it happens during those crucial first years.

Lastly, consider the possibility of purchasing an annuity. It provides you with some insurance in the event that you live longer than you expected.