The "plan" is to spend down the balance. Of course, since I'm shooting for a 95% FIRECalc etc "success rate", the odds are that I'll have to up spending as the years go by to even consider having less when I die than when I retired (inflation adjusted). The reality is that my passive income will likely go up as my health declines (I have a chronic medical condition), but due to government healthcare/insurance covering my medical costs, I'll likely end up seeing my spending decrease significantly starting somewhere in my mid to late 60's. So instead of having an inflation adjusted spending being constant, it'll probably drop rapidly as my ability to travel and do the things I enjoy which cost money decreases. Meaning I'll probably be leaving a pretty substantial estate when I pass if I don't give a bunch of it away in my later years.