Retiring in 1928: $2M grew to $18.4M on a 4% withdrawal
Retiring in 1928 with $2M and a 4% inflation-adjusted withdrawal, the portfolio grew to $18.4M after 50 years. Its worst year was 1931, when the S&P 500 lost 43.1% including dividends.
Portfolio Value: Started in 1928
100% S&P 500
75/25 stocks/bonds (Trinity study mix)
Major market event
Starting: $2,000,000
·
Withdrawal: 4.0%