Can I retire on $3 million?

$3 million at 4.0% is $120,000 in year one. This page answers whether that covers a specific spend and how often 1,000 paths last 35 years.

The answer on these inputs

$3 million produces $120,000 in year one at 4.0%. Against $100,000 of spending that is 120% coverage — the first-year withdrawal funds the spend. A constant 5.0% return still has money at year 35. Across 1,000 seeded paths the spend lasts the full horizon in 62% of worlds; the 10th-to-90th ending range is $0 to $15,144,303.

Change the inputs

Nest egg ($)

Annual spending (today's $)

Horizon (years)

Withdrawal rate (%)

Inflation (%)

Mean return (%)

First-year income at the rate$120,000

Coverage of the spend120%

Years the spend lasts35+

1,000-path success62%

Other nest eggs

Frequently asked questions

Can I retire on $3 million?

At 4%, $3 million produces a first-year withdrawal of about $120,000. Whether that covers your spending, and whether the portfolio lasts, is what the calculator on this page answers for a specific spend figure.

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