What's the best way to generate income from retirement savings without depleting them?

The best way is often the simplest: divide your savings into buckets. One for immediate spending (cash and bonds, covering 2-3 years of expenses). One for moderate growth (balanced investments). One for long-term growth (stocks). This lets you sleep at night while still building protection against inflation. Then, withdraw strategically. The old guideline suggested 4 percent annually, which works for many but not all situations. I prefer a more flexible approach: some years take 3 percent, some take 5 percent, depending on market performance and your actual needs. This gives your portfolio room to recover after downturns. Consider also: dividends and interest from your investments, modest part-time work if you're able and willing, or delaying Social Security to let it grow. But be careful about chasing yield through risky investments—the allure blinds people to danger. The deeper question: do you want passive withdrawal only, or would you prefer some engagement with your money? Some retirees find purpose in managing investments or small income projects. Others find it exhausting. Honor what works for your temperament. Sustainability isn't just mathematical; it's about whether your approach feels right to you long-term.