As MoneyGal mentioned in another thread, you cannot bank on 9% constant return. What are you going to do during negative years (ie. 2008)? If you need income, then it's probably best to focus on the income streams and consider growth a bonus.
You can't just ignore years that are inconvenient because they had -30% returns. A more reasonable expectation for equity returns is in the 6-7% range. You really shouldn't count on more.The 9% return i was referring to was dividend (4-5%) and growth (4%) together, I see this as quite attainable, no?
I realize growth is impossible to forecast but aside from another 2008 a 4% growth is quite minimal. My goal would be to retain the capital as much as possible.