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Retiring in 2003: $2M grew to $11.8M on a 4% withdrawal

Retiring in 2003 with $2M and a 4% inflation-adjusted withdrawal, the portfolio was worth $11.8M after 23 years, as of the latest data. Its worst year was 2008, when the S&P 500 lost 35.2% including dividends.

Portfolio Value: Started in 2003

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