Retiring in 1974: $1M grew to $79.2M on a 3% withdrawal

Retiring in 1974 with $1M and a 3% inflation-adjusted withdrawal, the portfolio grew to $79.2M after 50 years. Its worst year was 2008, when the S&P 500 lost 35.2% including dividends. A 1974 retiree started in the middle of the 1973-74 bear market and faced double-digit inflation within the year.