The retiree in this scenario left work at 67 with a $1.5 million portfolio and a straightforward plan: withdraw $60,000 annually alongside $32,000 in Social Security for a retirement income of about $92,000 a year. Four years later, the portfolio has fallen to roughly $1.1 million. A pair of bad market years early in retirement, ... What Retirement Really Looks Like at 71 With $1.1 Million After Three Years of Sequence-of-Returns Damage