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Retiring in 1974: $2M grew to $83.1M on a 4% withdrawal

Retiring in 1974 with $2M and a 4% inflation-adjusted withdrawal, the portfolio grew to $83.1M 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.

Portfolio Value: Started in 1974

100% S&P 500
25/75 stocks/bonds (Trinity study mix)
Major market event
Starting: $2,000,000 · Withdrawal: 4.0%