Want to retire rich? These ASX 200 shares could be top buy and hold picks

Analysts think these shares could be great long term options for Aussie investors. Want to retire rich? These ASX 200 shares could be top buy and hold picks You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources , and more. Learn More Retiring rich doesn't require picking the next Nvidia (NASDAQ: NVDA) or making risky short-term bets. Instead, it is about backing high-quality businesses and giving compounding the time it needs to work its magic. And right now — after a volatile few months on the ASX — there may be no better time to start. Market volatility caused by trade tensions has pulled back prices across the board. But here's the thing: many of the best companies haven't changed. Their earnings power, balance sheets, and long-term potential remain intact. That's why dips like this can offer long-term investors the chance to build positions in outstanding businesses at far more attractive prices. So, if you're looking to set yourself up for retirement, here are three ASX 200 shares that could be top buys — quietly compounding in the background for years to come. Goodman Group (ASX: GMG) When it comes to long-term structural tailwinds, few ASX 200 shares are better placed than Goodman. The company develops and manages high-end logistics, warehousing, and data infrastructure for some of the world's biggest brands. As e-commerce continues to grow and data centre demand explodes thanks to AI and cloud computing, Goodman's development pipeline looks stronger than ever. Its assets are in high demand, and the company's track record of disciplined capital allocation has helped it consistently deliver strong returns. Morgans is positive on its outlook and currently has an add rating and $35.30 price target on its shares. Lovisa Holdings Ltd (ASX: LOV) Another ASX 200 share to consider buying is Lovisa. What began as an Australian retail success has turned into a global expansion machine, with the fashion jewellery retailer's stores now open across Europe, the U.S., Asia, Africa, and the Middle East. Lovisa has a proven, profitable model, a capital-light rollout strategy, and strong margins. If you're building a portfolio for the long term, Lovisa arguably offers a unique mix of retail appeal and scalable global growth. It won't be without volatility, but over 10+ years, there could be some big returns on the cards. Morgan Stanley thinks now is the time to buy. It has an overweight rating and $31.50 price target on its shares. Wesfarmers Ltd (ASX: WES) Finally, for long-term reliability and strong capital discipline, it is hard to look past Wesfarmers. Home to household names like Bunnings, Kmart, Officeworks, and a growing healthcare division, Wesfarmers is a true blue-chip backbone stock. It offers investors exposure to defensive earnings, regular fully franked dividends, and smart capital allocation — including newer plays in lithium (through its stake in Covalent) and digital health. Wesfarmers won't deliver hyper growth, but it doesn't need to. It's a business built to endure — and pay shareholders along the way. Goldman Sachs is a fan. It has a buy rating and $80.40 price target on the ASX 200 share.