It's more common, and probably easier to turn up a collar with an OD that fits the back of the spindle with about 0.010 clearance, with a flange on it for the "nut" to bear against, then slide it up the full length of the threaded rod. Then pin the nut to the all thread. You could get a coupling nut for the additional length it would provide. Be a little stronger also, with more thread engaged. There's no need to fit the entire length of the rod closely inside the spindle If you think you'd have trouble aligning the collet holder and the drawbar, you could make a short threaded collar that fit inside the spindle to keep it more or less centered. Have it just above where the drawbar went into the collet holder. Just make sure the spindle is the same ID all the way.