Image is a chart by SmartAsset titled "Projected Annual Income in Retirement Over Time"

Note: We assumed their portfolios would lose 15.3% in their first year of retirement, just as 60/40 portfolios did in 2022. Afterward, their savings would grow 5% each year minus their drawdown. Lastly, we assumed the retirees would increase their withdrawals by 2% each year to account for inflation.