Subject: Re: Have about 2.5 years of cash left for expenses
Assuming each of the following four retires on Jan 1, 2030 with $100 and withdraws 4% each year as living expenses.

Now lets assume that they retired on Jan 1, 2025 with $50 which grew enormously and 5 years later on Jan 1, 2030 wound up with $100. Same fat-then-lean and lean-then-fat scenarios.

That's why the SOR risk is bogus, a boogeyman to scare people.
They had GREAT results the first 5 years of retirement. But the period after 1/1/2030 was the same, no matter if it was the 1st year of retirement or several years into retirement.

Every year is the first year of the rest of your portfolio. Doesn't matter how long ago the portfolio began.