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.

(NewsNation) — You’ve stashed away your hard-earned cash as an investment, and now the waiting period for it to double — and then some — begins. But how long would it take to see your initial ...

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 ...

We've all heard about the dangers of credit card debt, but few people truly grasp how quickly this type of debt can spiral out of control. It typically starts with a small balance that you plan to pay ...

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 ...

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, ...

Forbes contributors publish independent expert analyses and insights. Host of the Retire Sooner podcast and CFP™ practitioner. Many investors gain penalty-free access to retirement accounts at age 59½ ...