The Rule Of 25 To Know How Much You Need For (Early) Retirement

When you are striving for financial independence and early retirement, it is important to know how much money you need to retire.

The rule of 25 is a way to calculate how much money you need for (early) retirement. That amount is 25 times your expected expenses in retirement.

What Is The Rule Of 25?

The 4% rule states that if you withdraw 4% of your portfolio annually, you can live on that portfolio for an indefinite amount of time.

Linking The Rule Of 25 To The 4% Rule

Whether you’re flexible in retirement or you never want to work again, there are some things you can do to improve your chance of a successful retirement:

· Pay attention to the first 10 years. · Extra income. · Reduce your costs. · Keep track of your finances.

FOR MORE ABOUT THE RULE OF 25, VISIT RADICAL FIRE