Retiring in 1995: $1M grew to $17M on a 3% withdrawal

Retiring in 1995 with $1M and a 3% inflation-adjusted withdrawal, the portfolio was worth $17M after 31 years, as of the latest data. Its worst year was 2008, when the S&P 500 lost 35.2% including dividends. A 1995 retiree started at the beginning of the dot-com boom, when the S&P 500 more than tripled in five years.