The Multiply-by-25 Rule for Retirement Saving

This simple recommendation can make it easier to save for retirement

BY LATOYA IRBY  Updated February 17, 2021

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

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