![](https://images.squarespace-cdn.com/content/v1/605886071c885456bafb7040/4ff0157c-bde5-4f48-bfaa-1eeea717d3d0/Blog+Title+Pic+3.1.jpg)
New Posts Available Every Thursday!
Get Awesome Money Tips in your Inbox!
Sign up to get the Latest and Greatest Awesome Money Tips posts Directly in your Inbox!
![The “Rule of 72” and How it Works](https://images.squarespace-cdn.com/content/v1/605886071c885456bafb7040/7e5afdab-f1fd-4245-ba93-561585a5547a/Rule+of+72+v2.png)
The “Rule of 72” and How it Works
The “Rule of 72” is actually a formula which can let you know either how long in years an investment will take to double at a specific rate or what rate of return you need for an investment to double over a specific timeframe. Essentially, if you know either an expected rate of return or a timeframe you hope your investment to double in, you can solve for the other value.
![](https://images.squarespace-cdn.com/content/v1/605886071c885456bafb7040/4bff829f-eae6-4f4e-b74a-1848615dbf5d/Blog+Title+Pic+3.2.jpg)
Get Awesome Money Tips in you Inbox!
Sign up with your email address to receive the Latest and Greatest Awesome Money Tips Post directly in your inbox!