Retiring in 1964: $2M fell to $96K on a 4% withdrawal
Retiring in 1964 with $2M and a 4% inflation-adjusted withdrawal, the portfolio fell to $96K after 50 years. Its worst year was 2008, when the S&P 500 lost 35.2% including dividends.
Portfolio Value: Started in 1964
100% S&P 500
50/50 stocks/bonds (Trinity study mix)
Major market event
Starting: $2,000,000
·
Withdrawal: 4.0%