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How many more doubles do you need?

Most people don’t really comprehend the power of compound interest. A simple way to think about it is to visualize how long it takes something to double.

The “rule of 72” is a very simple formula that calculates how long it takes for something to double. For example, a 10% rate of return doubles every 7.2 years (72 / 10). See the two examples below showing what a big difference the rate of return makes on how much you have after the same amount of time!

How many more account doubles do you need before you can retire?

Would you rather work longer with a lower rate of return or find a way to make more and double faster? Check out www.faithfulwealthbuilders to see the results of back tested investing strategies with higher returns.


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