The Multiply-by-25 Rule for Retirement Saving

This simple recommendation can make it easier to save for retirement

BY LATOYA IRBY  Updated November 04, 2021REVIEWED BY CHIP STAPLETON

Whether retirement is right around the corner or a couple decades away, being prepared is key. It’s never too early or too late to contribute toward a healthy retirement. The multiply-by-25 (“25x”) rule of thumb is a simple way to estimate the amount of savings you’ll need to build based on the income you’d like to have.

Let’s dig deeper into the rule, find out why it works, and how you can use it to calculate your ideal retirement savings amount.

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