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Retiring in 1948: $1M grew to $267.3M on a 4% withdrawal

Retiring in 1948 with $1M and a 4% inflation-adjusted withdrawal, the portfolio grew to $267.3M after 50 years. Its worst year was 1974, when the S&P 500 lost 20.7% including dividends.

Portfolio Value: Started in 1948

100% S&P 500
25/75 stocks/bonds (Trinity study mix)
Major market event
Starting: $1,000,000 · Withdrawal: 4.0%