Many people dream of retiring early but cost of living pressures are delaying plans to sip cocktails on the beach for millions of Aussies.

According to the latest data from the Australian Bureau of Statistics, 156,000 people aged 45 years and over retired in 2024-25, with an average age of 63.8 years.

There are now a total of 4.5 million people aged 45 years and over who are retirees in Australia, with the average age at retirement of all retirees being 57.3 years.

The average age people aged 45 years and over intend to retire is 65.6 years — a slight increase on 2022-23 which was 65.4 years.

Super Guy founder and chief executive Chris Strano says there are seven simple tips people can follow to help them reach their early retirement dream.

1. Invest with purpose

Mr Strano says peopl

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