Retiring in 1934: $1M grew to $61.4M on a 3.5% withdrawal
Retiring in 1934 with $1M and a 3.5% inflation-adjusted withdrawal, the portfolio grew to $61.4M after 50 years. Its worst year was 1937, when the S&P 500 lost 31.2% including dividends.
Portfolio Value: Started in 1934
100% S&P 500
100% bonds (Trinity study mix)
Major market event
Starting: $1,000,000
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Withdrawal: 3.5%