The Rule of 72 is a shortcut or rule of thumb used to estimate the number of years required to double your money at a given annual rate of return and vice versa.

The Rule of 72 is a simple yet powerful tool for estimating how long it will take for an investment to double at a given annual compound interest rate. By dividing 72 by the interest rate, investors ...

For most investors, wealth creation is not about chasing the next big opportunity — it’s about understanding time and the quiet power of compounding. Financial planners often describe compounding as ...

Wouldn’t it be great if you could quickly determine how much your savings could be worth in the future? Or how much you need to earn on your savings to reach a goal? It’s easy to set a savings goal ...

You don’t need a finance degree to figure out how long it’ll take to double your money as an investor. The Rule of 72 offers a quick shortcut to estimate growth based on interest rates or, on the flip ...

Understanding the "Rule of 72" can help consumers see how quickly credit card debt can grow due to compound interest. The Rule of 72 is a simple formula to estimate how long it takes for debt to ...