So I realize this is more of a technical question than substantive one but curious as to standard use as I am approaching FI. Obviously there is some amount of one's stache upon/in retirement that is cash as it is there to pay upcoming expenses. For me this may be about 1x annual expenses, haven't completely figured it out yet. I have about 20x in total in stache including that right now. So would I generally say my current allocation is 5% cash/15% Bond/80% equity, and include that cash amount in calculating my what would be current 5% SWR, etc, or does everyone generally separate that money out from their stach when figuring those numbers? (which would make me about SWR 5.2% if I retired at this moment and at more like 85/15 equity to bond ratio). Or maybe my 1 year cash is just high and this isn't usually a significant factor at all?? Just curious as to the norm.