Rollover truly applies to all unused SQM right? Like even if I have over 100k SQM but come up short of $20k SQD - everything over 75k would roll over?

I’m a typical 50k, made 75k and am chasing SE now. Looks like I’ll be about $250 SQD short for SE. I could push over that relatively easily, but then I’d “burn” 25k SQM, have SE for a year and then back to 50k for 2024. However if I keep my SQD under $20k, the rollovers plus my usual travel would keep me 75k through the end of 2024…

Of course it’s hard to predict what promos will exist, but assuming we’re getting back to normal, I feel like 2 years of 75k is better than a year of SE and a year of 75k - largely due to the 2 years of complementary preferred seats on flex fares worldwide.