The Rule of 72 — Calculate How Fast Your Money Doubles, No Calculator Needed
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YouTubeEssential Retirement Guide
The Rule of 72 — Calculate How Fast Your Money Doubles, No Calculator Needed
Here's the fastest shortcut for estimating how long it takes your money to double: the Rule of 72. Divide 72 by your annual rate of return. At 6%, that's 12 years for your money to double. At 4%, it's 18 years. At 9%, just 8 years. No calculator. No complex formulas. This single rule shows instantly why a higher rate of return — and an early ...
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