use 16 to calculate how much is enough for retirement

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    16 is the number, I guess, government uses to calculate asserts required to generate income for retirement, e.g. for $A1.6mil can produce 100k income for retirement purpose .
    What about if I want to retire early, say 55 years old, can I still use 16 for calculation or I should use larger number?
    your thoughts?
 
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