Retiring in 1927: $2M grew to $54M on a 4% withdrawal

Retiring in 1927 with $2M and a 4% inflation-adjusted withdrawal, the portfolio grew to $54M after 50 years. Its worst year was 1931, when the S&P 500 lost 43.1% including dividends. Retiring in 1927 meant riding the Roaring Twenties boom straight into the 1929 crash and the Great Depression.