Rule 72
Rule of 72 Calculator
Rule of 72 Calculator
The Rule of 72 Calculator simplifies the estimation of the time it takes for an investment to double based on a fixed annual rate of return. Investors input the annual rate of return, and the calculator quickly computes the approximate number of years required for the investment to double. This tool is invaluable for investors seeking a quick and easy way to assess the potential growth of their investments. While a rough estimate, the Rule of 72 provides a useful guideline for investors to gauge the impact of different interest rates on their investment doubling time, aiding in strategic decision-making.
Tip: Take it slow! Be careful when choosing investments. Keep in mind that the faster it goes up the faster it can crash.