This article studies how return migration aspirations are formed and realized in the context of protracted displacement. Drawing on a mixed-methods study that included survey research and in-depth interviews in Turkey, Lebanon, and Syria conducted, we study whether respondents aspired to return (i) currently, with the conflict still ongoing; and (ii) in the future, if the war were to end. Our analyses reveal how broader life aspirations play a crucial role in shaping return aspirations, and how current and future return aspirations are separate concepts. Current return aspirations were strongly stratified. For economically vulnerable respondents, current return considerations were often related to survival, whereas for respondents from the educated middle class, current return aspirations were part of their broader life aspirations. Aspirations to return after the war's end were largely driven by a wish to realize broader life goals. Future return aspirations often functioned as a mental coping strategy to keep hope for change in the future — including political change — alive. Return abilities favored those with higher socioeconomic status, those who had remained neutral in the conflict and those willing to take high risks. Overall, our analyses illustrate the usefulness of the aspirations-abilities framework, and the important role of life aspirations, in understanding return-migration decisions in a context of protracted displacement.