I suppose I should point out that this is just my retirement savings, and that the $25k/year withdrawal is after-tax according to today's tax rates. That's a risky calculation, at best.

It assumes that my investments in KO and IBM, held outside my RRSP, become valueless. I certainly hope that's not the case, and I intend to continue to invest in those companies indefinitely.

It also assumes that my savings held outside my RRSP, not necessarily invested in stocks, become valueless. That should not happen. At my current rate, my non-RRSP savings are about 50% as much as my RRSP savings, and although they may not draw the same kind of interest over time, I can at least keep the rate of return above inflation -- for now.

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