Latest News

Retirement Financial Planning: Understanding the “Rule of 72”

One of the older axioms in popular financial planning is the “rule of 72,” an equation that mathematically enables one to estimate how long it will take to double a specific amount of money. Back in the heyday of financial growth was, say when interest rates were in the double digits, it presented a sort of pleasant scenario to think about. Nowadays, though, it can be depressing, although the low inflation attribute of interest rates gives one solace. Anyway, this piece by Karin Price Mueller of for, explains the math behind the “rule of 72.”

Notice: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or

What's Your Opinion?

We welcome your comments. Join the discussion and let your voice be heard. All fields are required

Website by Geiger Computers