When an active magnetic bearing (AMB) rotor drops, it impacts the touchdown bearing (TDB) and produces friction on its surface. The vertical AMB rotor has no stable support in the radial direction, and the rotor exhibits a violent whirl motion in the gap of the TDB. In this study, a complete dynamic and thermal model of the AMB-rotor-TDB system was established, and the complete drop process was simulated. When the rotor dropped, it obtained stable support after several bounces on the thrust surface of the TDB inner ring in the axial direction. In the radial direction, the rotor entered whirl motion after the initial collisions. There is a natural whirl frequency so that the drop forward whirl is divided into the dry-friction whirl and whip states. The contact force and heat generation of the TDB were monitored in the simulation and had different performancs in the two states. Both the initial collisions and the stabilized whirl motions were studied to evaluate the reliability of the TDB. Finally, a series of drop tests were performed, and the experimental results were in good agreement with the simulation.