Here’s how the Rule of 72 works: Divide 72 by your expected annual interest rate (as a percentage, not a decimal). The answer is roughly the number of years it will take for your money to double. For ...

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 ...

The Rule of 72 is a simple calculation tool for investors to use, but it's not necessarily the most accurate. Here are some more precise options to try.

The Rule of 72 is a general mathematical guideline, in financial planning, that determines how long an investment portfolio will take to double. The Rule assumes a fixed rate of return (ROR), and ...

InvestigateTV - The Rule of 72 is a useful formula that helps you estimate the number of years it will take you to double your invested money. Aashish Matani, a managing director of wealth management ...

The Rule of 70 is a mathematical formula used to estimate the time it takes for an investment or any quantity to double, given a fixed annual growth rate. This rule is used by investors and financial ...

Learn what compound interest is, how it’s calculated—from annual rates to continuous compounding—and why it’s powerful for savings (and dangerous for debt).

There's one milestone that never loses its appeal: doubling your money. Whether it’s a retirement account, an income-focused portfolio or a long-term bet on private markets, the math behind turning ...

Rule of 72 is a simple concept, which allows investors to quickly calculate (and estimate) the number of years it would take for the portfolio to double given a certain level of annual return. The ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Anthony Battle is a CERTIFIED FINANCIAL PLANNER™ professional. He earned the ...

Deciding when to time your retirement plan withdrawals matters for determining how long your money will last and what you’ll pay in taxes for those distributions. If you have a 401(k) at work, you ...