It's fine to have dividends reinvested instead of paid out to you while you're 'staching. When it's time to live off the money, then you may want to change that, which you can do either by moving money into an income generating fund that pays out dividends, or by selling shares periodically (a strategy sometimes referred to as 'homemade dividend'). As long as your withdrawal rate is below SWR, it's not killing the golden goose, just bleeding it a little, so to speak.