How Long Will $3 Million Last in Retirement?

$3 million can last decades in retirement, but the exact timeline depends on spending, market performance, and inflation.

How long $3 million can last

Using the 4 percent rule, $3 million can generate about $120,000 per year before taxes. At that withdrawal rate, your savings could potentially last 30 years or longer depending on investment performance.

What affects how long your money lasts

Spending is the biggest factor. Higher withdrawals reduce longevity, while lower spending extends it. Investment returns and inflation also play a major role over time.

Spending scenarios

Spending around $90,000 per year may allow your savings to last well beyond 30 years. Spending $130,000 or more increases the risk of running out earlier.

When $3 million works best

This level of savings works very well when combined with Social Security or other income. It provides a strong buffer for healthcare, travel, and unexpected expenses.

How to make $3 million last longer

Staying flexible with withdrawals, adjusting spending during market downturns, and maintaining a balanced portfolio can significantly extend your timeline.

Use the calculators

Use the tools on this site to test different withdrawal strategies and assumptions. Running your own numbers is the best way to understand your retirement outlook.