Retiring in 1933: $1M grew to $97.1M on a 4% withdrawal
Retiring in 1933 with $1M and a 4% inflation-adjusted withdrawal, the portfolio grew to $97.1M after 50 years. Its worst year was 1937, when the S&P 500 lost 31.2% including dividends.
Portfolio Value: Started in 1933
100% S&P 500
100% bonds (Trinity study mix)
Major market event
Starting: $1,000,000
·
Withdrawal: 4.0%