The Multiply-by-25 Rule for Retirement Saving

Author: External Author | | Categories: Family Matters , Legal Consulting Services

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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Original Article Source Credits:   The Balance ,

Article Written By:  LaToya Irby

Original Article Posted on:  February 17, 2021

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