Retire early vs retire later: what changes?

Retiring early increases the years your portfolio must fund. Retiring later often reduces the required target and increases compounding time.

Early retirement costs more

Run your plan at 55, 60, 65, and 70 to see how time changes the target.

Should I use 3% or 4%?

Use both. 3% is conservative. 4% is a common guideline. Compare the range.

Does this include pensions/super?

Not automatically. If you expect guaranteed income later, subtract it from what your portfolio must provide.

Is this a guarantee?

No — it’s a scenario model to help you plan. Real returns vary.

What if my target looks too high?

Lower spending, delay retirement, increase contributions, or plan a partial retirement approach.

What’s the best next step?

Choose a conservative plan you can stick with, then increase contributions gradually.