Retirement
Retirement age
The age you plan to stop working, which decides how long you must save and how long your corpus must last.
Your retirement age sets two clocks: how many years you have to build a corpus, and how many years it must support you.
Retiring early is possible, but needs a bigger corpus since it funds a longer retirement with fewer earning years.
Deciding this early shapes how aggressively you need to save and invest.
For example
Aiming to retire at 50 instead of 60 means saving far more each month, since your corpus must stretch across a much longer retirement.