For the climate-conscious, a marker of 72 may be good enough when you’re setting the thermostat. But when it comes to measuring money, the financially aware use lucky number 72 principally to ...
・The Rule of 72 helps you quickly estimate how long it takes for money to double at a fixed annual return. ・Fees and inflation can sharply extend that timeline - your “real” doubling rate is often ...
A Chartered Accountant has shared a simple formula on social media that he says can help anyone understand how fast their money can double, and potentially make them rich. Known as the Rule of 72, the ...
The Rule of 72 is a simple mental math trick that tells you roughly how long it will take for your money to double. Just divide the number 72 by your expected annual rate of return, and voila! You ...