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How much do you need to retire? (the 25X rule)
By Side Hustle Rich  •  June 9, 2020
Retirement. Kicking it back and taking things down a notch. Relaxing by the beach and really living life. How many of us dream of that on a daily basis as we stare at our excel sheets and grind away at work? But do you know exactly how much you need to be able to retire? A lot of people don’t really think about it, because it seems like such a difficult task to achieve, and so people defer it, or defer properly thinking about it and strategising a way to reach it. Until it’s too late. Before you know it, you’re 60 and nowhere near retirement ready. Let’s not go there. Here’s a really simple way to know how much you need, and that’s really step 1 of the plan. Know how much you need. And then work on a plan to work towards it. Then plan is in the title....
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By Side Hustle Rich
I’m Richard, creator of SideHustleRich. I created this site to journal my experiments, experiences and thoughts on working up multiple streams of income, in an attempt to achieve financial independence. I’m a happily married man and a father to two young boys. I don’t believe in working until i’m 65, maybe enjoy 5 years of retirement before starting to ache all over from basically growing old and tired.
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