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I sell 3% of the value of the stock portfolio on the first Friday of the new year and add it to the cash portfolio. I then
divide the cash portfolio total by 72 (six years) and that's our monthly draw for the year.

Any suggestions or critisisims?

I think the 6 years of living expenses should let you skip selling in a down market. If the market is down for a year or two do not sell.

Also I would deceide what to sell then put limit orders in that are 5 or 10% (or what ever) over the market price. Eventualy the stuff should sell. The point is you are not forced to sell so you can waite for a good price.

For example price all the stock you want to sell on the first Friday at 10% over Thursday's closing price and see what happens.
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