Character Death and Retirement
Retirement:
When you retire a character, you can create a new character with experience equal to your old character’s * 2/3. That is roughly equivalent to a drop of 2 levels.
For magic items, choose one item of your level -1, one item of your level -2, and one item of your level – 3. If these are 0 or less, you get no item for that slot.
In addition, you have gold pieces equal to the value of one magic item of your level – 3. At a minimum you get the same as a 1st-level character.
Character Death:
Character death is a kind of “forced retirement”. Use the same rules for retiring a character.
Death or Retirement in the middle of a session:
I recommend bringing a second backup character sheet, and keeping it up to date with your “forced retirement” XP. So if you have a main character with 6300 XP, your backup has 4200 XP. The GM will try to insert them into the adventure; this may be at a waystation or other safe zone for adventurers (or it can be back at Husk if you are near there).