Gold Portfolio: 60-year retirement

Last Update: 31 October 2023

Do you have in mind a 60 years retirement, investing in the Gold Portfolio?

Worst case scenario so far, over a 60-year time horizon, you could have withdrawn 0.887% of your initial capital each year, kept withdrawing all the time (adjusting for inflation), and you wouldn't have run out of money before 60 years.

With a 4% withdrawal strategy, you would have lived on your investiment for 60 years in the 0% of cases. In the 0% of cases, you would have preserved your initial inflation adjusted capital.

According to the historical returns and stats of the portfolio, which has been a sustainable withdrawal rate to live off your investiment?

The last 60 years of the Gold Portfolio

Over the last 60 years (last update: October 2023), the portfolio has returned 6.81% annualized, with a maximum drawdown of -61.78%.

A safe withdrawal rate would have been 3.513%.

The Withdrawal Rates calculated here are annualized and refer to the initial capital (not the current!). The first month withdrawal is 1/12 of that annualized withdrawal and it's adjusted for inflation for each subsequent month.

A Perpetual Withdrawal Rate (PWR) protected the original inflation adjusted capital.

A Safe Withdrawal Rate (SWR) didn't protect the original capital, but the portfolio didn't run out of money during retirement. The portfolio went to zero exaclty at the end of the retirement period.

Learn more about Withdrawal Rate simulation
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Timeframes ending at Oct 2023
Withdrawal Rate (%)
Investment Performances
Timeframe Period from Period to Perpetual Safe Ann.Return(%)
[ Infl.Adj. ]		 Max
Drawdown(%)
60 Years 1 Nov 1963
 31 Oct 2023 2.838 3.513 6.81
[ 2.79 ] 		-61.78
Oct 1980 - Aug 1999
Simulations are calculated with actual returns of Gold Portfolio | Preserved capital and withdrawals are considered adjusted for inflation | Withdrawals happen monthly | Performances are calculated in USD dollars, considering reinvestment of dividends when applicable | Inflation is updated at October 2023

For a complete view of the portfolio and all the possible strategies, please refer to Gold Portfolio page.

Withdrawal Rates Simulation (updated at Oct 2023)

How much would it be an acceptable withdrawal rate, for the Gold Portfolio?

Analyzing the available data source, all the 60-years timeframes have been considered to calculate the withdrawal rates and their success percentage.

Legend:
SWR 100% Success
PWR 100% Capital Protection
Period: Jan 1871 - Oct 2023
Swipe left to see all data
WR (%) - Withdrawal Rate, on % Preserved Capital (Infl.Adj)
100%
Preserved		 75%
Preserved		 50%
Preserved		 25%
Preserved		 0%
Preserved
Success 100%
Worst Period (From) 		0.000
Jan 1871 		0.000
Jan 1871 		0.000
May 1892 		0.306
Jul 1897 		0.887
Jul 1897
95%
 0.000
 0.000
 0.000
 0.410
 0.992
90%
 0.000
 0.000
 0.000
 0.471
 1.058
80%
 0.000
 0.000
 0.021
 0.566
 1.138
50%
Median WR 		0.094
 0.422
 0.737
 1.077
 1.415
Only 1 case
Best Period (From) 		2.838
Nov 1963 		3.007
Nov 1963 		3.176
Nov 1963 		3.345
Nov 1963 		3.513
Nov 1963
Period: Nov 1923 - Oct 2023
Swipe left to see all data
WR (%) - Withdrawal Rate, on % Preserved Capital (Infl.Adj)
100%
Preserved		 75%
Preserved		 50%
Preserved		 25%
Preserved		 0%
Preserved
Success 100%
Worst Period (From) 		0.000
Feb 1933 		0.000
Jan 1938 		0.175
Apr 1941 		0.683
Apr 1941 		1.149
Apr 1934
95%
 0.000
 0.000
 0.317
 0.763
 1.183
90%
 0.000
 0.000
 0.422
 0.826
 1.200
80%
 0.000
 0.279
 0.582
 0.895
 1.242
50%
Median WR 		1.315
 1.526
 1.717
 1.901
 2.074
Only 1 case
Best Period (From) 		2.838
Nov 1963 		3.007
Nov 1963 		3.176
Nov 1963 		3.345
Nov 1963 		3.513
Nov 1963
Simulations are calculated with actual returns of Gold Portfolio | Preserved capital and withdrawals are considered adjusted for inflation | Withdrawals happen monthly | Performances are calculated in USD dollars, considering reinvestment of dividends when applicable | Inflation is updated at October 2023

Withdrawals and Success Rate

If you had implemented a specific Withdrawal Strategy with the Gold Portfolio, over 60 years, which would have been the success rate so far?

Simulations follow the same rules mentioned before. Withdrawals are expressed as yearly rates and refer to the initial capital. After that, withdrawal amount is monthly adjusted for inflation.

Success rates are calculated over all 60-year timeframes available in the data source. To focus on a specific withdrawal rate, click on the links in the table.

Period: Jan 1871 - Oct 2023
Swipe left to see all data
Withdrawal
Rate
% Success over 60 Years
% Fail
% Success over 60 Years - on % Preserved Capital (Infl.Adj)
At least 0%
Capital Preserved		 Percentile No Capital
Preserved		 25%
Preserved 		50%
Preserved 		75%
Preserved 		100%
Preserved
2.00 %
27.35
72.65
23.68
14.17
10.85
8.16
2.50 %
9.78
90.22
7.35
6.19
4.30
3.05
3.00 %
3.95
96.05
2.78
1.08
0.09
0.00
3.50 %
0.18
99.82
0.00
0.00
0.00
0.00
4.00 %
0.00
100.00
0.00
0.00
0.00
0.00
4.50 %
0.00
100.00
0.00
0.00
0.00
0.00
5.00 %
0.00
100.00
0.00
0.00
0.00
0.00
5.50 %
0.00
100.00
0.00
0.00
0.00
0.00
6.00 %
0.00
100.00
0.00
0.00
0.00
0.00
6.50 %
0.00
100.00
0.00
0.00
0.00
0.00
7.00 %
0.00
100.00
0.00
0.00
0.00
0.00
7.50 %
0.00
100.00
0.00
0.00
0.00
0.00
8.00 %
0.00
100.00
0.00
0.00
0.00
0.00
Legend: Min% of Protected Capital
Min 0%
Min 25%
Min 50%
Min 75%
Min 100%
Period: Nov 1923 - Oct 2023
Swipe left to see all data
Withdrawal
Rate
% Success over 60 Years
% Fail
% Success over 60 Years - on % Preserved Capital (Infl.Adj)
At least 0%
Capital Preserved		 Percentile No Capital
Preserved		 25%
Preserved 		50%
Preserved 		75%
Preserved 		100%
Preserved
2.00 %
52.18
50% Succ.
2.074% 		47.82
47.61
29.31
22.45
16.63
2.50 %
22.04
77.96
17.05
14.35
9.98
7.07
3.00 %
9.15
90.85
6.44
2.49
0.21
0.00
3.50 %
0.42
99.58
0.00
0.00
0.00
0.00
4.00 %
0.00
100.00
0.00
0.00
0.00
0.00
4.50 %
0.00
100.00
0.00
0.00
0.00
0.00
5.00 %
0.00
100.00
0.00
0.00
0.00
0.00
5.50 %
0.00
100.00
0.00
0.00
0.00
0.00
6.00 %
0.00
100.00
0.00
0.00
0.00
0.00
6.50 %
0.00
100.00
0.00
0.00
0.00
0.00
7.00 %
0.00
100.00
0.00
0.00
0.00
0.00
7.50 %
0.00
100.00
0.00
0.00
0.00
0.00
8.00 %
0.00
100.00
0.00
0.00
0.00
0.00
Legend: Min% of Protected Capital
Min 0%
Min 25%
Min 50%
Min 75%
Min 100%
Simulations are calculated with actual returns of Gold Portfolio | Preserved capital and withdrawals are considered adjusted for inflation | Withdrawals happen monthly | Performances are calculated in USD dollars, considering reinvestment of dividends when applicable | Inflation is updated at October 2023

Related Pages

Portfolio Main Page:
Gold Portfolio

For the Gold Portfolio, we have prepared a report for each available timeframe:
20-Year    30-Year    40-Year    50-Year    60-Year    70-Year   

if you want to learn more about the statistics of a specific withdrawal rate, we suggest these in particular:
2%    2.5%    3%    3.5%    4%    4.5%    5%   

Website Homepage:
BestRetirementPortfolio.com