Thanks Brenden. I think the temptation for dividend stocks in retirement gets even stronger for people. They like the idea of receiving dividends so that they have to sell fewer shares of a stock or ETF. However, all the same logic from this article still applies in retirement, even if our “loss aversion” (not wanting to sell) gets stronger.

If you're in a market-cap-weighted Index ETF you can work with an advisor to crunch the numbers on what a “safe withdrawal rate” might be. Meaning, how much of your portfolio can you live off in retirement without running out of money.

This article on the “4% rule” is a commonly used “Rule of thumb” to address that question. Hope you find it helpful!

The 4% Rule