Is this the up to date version of the retirement rules?
You have two options when replacing a character:
A) Create the new character at the same level as the old character. It will start with the following wealth, based its level:
B) Create the new character at least one level below the level of the old character. Any XP lost in this way (a minimum of one level's worth) is divided in half and credited to the player, tracked on a wiki page, and can be spent on another character, with the DM's discretion. When credited XP is spent on a character, that character receives time gold, as if the XP gained were time XP.
- Level 1: 100 gp
- Level 2: 780 gp
- Level 3: 1750 gp
- Level 4+: full starting wealth as outlined in the DMG on page 143