How early can you retire? The Pension Bridge, explained

Stop before your AOW and pension start, and your savings carry you on their own for a while. How long that stretch lasts decides most of the answer.

Straks · Figures for 2026 · Checked against the SVB and the Belastingdienst on

What the Pension Bridge is

Your AOW starts at your AOW age, 67 for anyone reaching it in 2026 or 2027, and most pensions through work at the scheme's own age, often 68. Stop working before then and, for a while, your savings and investments pay for everything on their own. That stretch, from the year you stop to the year your last pension starts, is the Pension Bridge.

Once every pension pays, your savings only have to cover what the pensions don't. Before that, they cover all of it. So the bridge is where most of the money goes.

Why the bridge decides most of the answer

Every year you stop earlier adds a year of full spending to the bridge, and takes away a year of saving. That's why retiring at 55 instead of 60 asks for much more than five years' spending: the bridge is longer, and you've had less time to build up the money for it.

Example
A made-up couple, 36 and 34, want a budget of €48,000 a year once retired. The calculator works out they could stop in 2042, at 52 and 50. Their last pension starts in 2060, so the bridge is 18 years: €648,774 set aside, counting the return it earns until it's spent. After 2060 their pensions pay €45,893 a year, and their savings only have to cover the other €2,107, which takes €32,430 set aside in 2042. With €152,665 for the mortgage until it's paid off in 2054, they need €833,869 in 2042.

In that example the bridge is more than three quarters of what they need.

After the bridge: a safe withdrawal rate

Once every pension pays, what's left has to last until you're 90, and nobody knows the returns that far ahead. So Straks doesn't count on the assumed return there. It uses a withdrawal rate that has held up in history, lower the longer the money has to last:

Money has to lastWithdraw each year
Up to 30 years4%
31 to 40 years3.5%
41 to 50 years3.25%
More than 50 years3%

The bridge itself is counted at your assumed return, after Box 3, with no margin added: it's a fixed number of years, and the money is spent as it goes.

Making the bridge shorter

There are three ways to make the bridge cheaper:

  • Start a pension through work earlier. The law allows a start from 10 years before your AOW age. The pension is lower for life, but it pays during the bridge.
  • Spend less during it. Each year of the bridge costs a year of spending, so every €1,000 a year less takes close to €1,000 off what you need for each year of the bridge.
  • Put money where Box 3 doesn't reach. A lijfrente grows outside Box 3 and can pay out during the bridge, though the minimum payout periods make those payouts small. See Lijfrente in 2026.

The AOW age itself can't be moved: the AOW never starts early.

Questions people ask

Does the bridge end when the first pension starts, or the last?

The last. Until every pension pays, your savings still pay part of what you spend, so Straks counts the bridge up to the year the last one starts, whether that's an AOW or a pension through work.

Can you start a pension through work early to shorten the bridge?

Often. The law allows it from 10 years before your AOW age, so from 57 in 2026, and many funds now offer that. The pension is then lower for life; how much lower depends on your fund, and its planner shows it.

Can a lijfrente pay for the bridge?

Partly. Payouts that start before the year you reach AOW age have to last at least 20 years plus the years you're younger than your AOW age, so each year's payout is small. After your AOW age, shorter payouts are allowed.

Is withdrawing 4% a year safe?

For money that has to last 30 years, 4% has held up through history. For longer, lower rates are safer, which is why Straks uses down to 3% for money that has to last more than 50 years.

Sources

This guide explains the general rules. It isn't personal financial advice.