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Retiring in 1971: $1M grew to $13.2M on a 4% withdrawal

Retiring in 1971 with $1M and a 4% inflation-adjusted withdrawal, the portfolio grew to $13.2M after 50 years. Its worst year was 2008, when the S&P 500 lost 35.2% including dividends.

Portfolio Value: Started in 1971

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