The Rule Of Seventy-Two And Investing
How long will it take you to double your money?
Published in
Dec 20, 2022
Use the “rule of 72” when calculating how long it will take to double your money, given a specific and fixed rate of return.
You take 72 and divide it by the annual rate of return you are receiving. For example — at a 5% return (72/5), it will take 14.4 years to double your money. Increase the rate of return to 6% and you will reach your doubling goal in 12 years.