If you have ever wondered how long it will take for your savings or investment to double, there is a surprisingly easy way to estimate it. You don’t need a ...
Have you heard of the Rule of 72? Maybe if you go back to your college finance class? And even if you did remember it, you probably haven't thought about it since then - especially in an investing ...
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 ...
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 ...
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 ...
Growing up, I never really understood why my grandparents became so obsessive about money, how much they saved, and how much they were worth, but it was clear they were quite obsessed with money. Now, ...
Learn the early retirement withdrawal rules that allow you to access retirement funds before age 59½ without penalties, including the Rule of 72(t) and the Rule of 55, and how to use them wisely.