Module 8 · Lesson 2
Drawdown and Withdrawal Sequencing
Deciding in advance which assets fund withdrawals under which conditions.
Full Access material
Drawdown and Withdrawal Sequencing is part of Full Access
Deciding in advance which assets fund withdrawals under which conditions.
- What you produce
- Structure the balance sheet so accumulated capital is preserved and transferred without unnecessary loss.
Educational material only. Nothing here is investment, tax or legal advice.
Reflection question
If you had to fund six months of spending starting today without selling anything at a loss, could you?
Sign in to mark your progress on this lesson.
How this applies by framework phase
The same material reads differently depending on what your capital needs to do next. You may be in more than one phase at a time.
- Capital Building
- Read this as a question about direction: which surplus, which income stream, and which asset should the next dollar move toward — and what would make that move durable rather than opportunistic?
- Capital Conversion
- Read this as a question about productivity: what is the capital you already own currently doing, what cash flow could it support, and what drag, liquidity or liability constraint has to be handled before it can do more?
- Capital Preservation
- Read this as a question about durability: what could force a sale at the wrong time, how much liquidity keeps that from happening, and how is purchasing power protected without abandoning growth entirely?