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.
