The Multiply-by-25 Rule for Retirement Saving
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.
Original Article Source Credits: The Balance , https://www.thebalance.com/
Article Written By: LaToya Irby
Original Article Posted on: February 17, 2021
Link to Original Article: https://www.thebalance.com/multiply-by-twenty-five-rule-retirement-saving-5101329