Retiring in 1932: $1M grew to $80.7M on a 3% withdrawal

Retiring in 1932 with $1M and a 3% inflation-adjusted withdrawal, the portfolio grew to $80.7M after 50 years. Its worst year was 1937, when the S&P 500 lost 31.2% including dividends. Stocks hit their Great Depression low in the summer of 1932, so a 1932 retiree started near one of the best entry points of the century.