I had to replace an old PSU, in a system where it just used the iGPU. I went with a 350W Seasonic G-series and it worked flawlessly, for a decade. Getting anything bigger would've been a waste of money.
It also would've wasted power, because PSUs tend to have their peak efficiency above 50% utilization. So, buying a bigger PSU and then way under-utilizing it would mean you're in the range where its efficiency isn't as good.
It's not a huge difference, but just compounds the waste of money. This is especially true, if you have to buy a lower-efficiency model, in order to be able to afford higher power output.
If you run a dGPU and expect to upgrade it, sure. But, then what if you buy a graphics card that wants an ATX 3.1 power supply? If you spent big $$$ on an old, ATX 2.0 model, you might've just wasted your money.