The Multiply-by-25 Rule for Retirement Saving - The Balance
https://www.thebalancemoney.com/multiply-by-twenty-five-rule-retirement-saving-5101329
How Does The 25X Rule Work?Why The 25X Rule WorksTake The 25X Rule with A Grain of SaltThe 25X Rule vs. The 4% Rule The 25x rule comes from the 4% rule of thumb, which says you can withdraw 4% of your retirement savings each year and that it can last 30 years. To come up with the base value of a retirement that lets you withdraw 4% each year, multiply your yearly withdrawal by 25. Then, going forward, if you’ve used the 25x rule to save for retirement, following...
The 25x rule comes from the 4% rule of thumb, which says you can withdraw 4% of your retirement savings each year and that it can last 30 years. To come up with the base value of a retirement that lets you withdraw 4% each year, multiply your yearly withdrawal by 25. Then, going forward, if you’ve used the 25x rule to save for retirement, following...
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