The Rule of 72 — How Fast Your Money Doubles
Divide 72 by your annual return to get the years until your money doubles. Verified examples at 6%, 8%, and 10% — and where the shortcut breaks down.
Read guide →Practical, USA-focused explainers on debt, loans, taxes and saving — written to be genuinely useful.
Divide 72 by your annual return to get the years until your money doubles. Verified examples at 6%, 8%, and 10% — and where the shortcut breaks down.
Read guide →The simple formula behind certificate of deposit interest, a verified $10,000 example at 4.5% APY, APY vs APR explained, and what early-withdrawal penalties cost.
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