Text Size + -

Newsletter Sign Up

Receive educational information in your inbox every week!

Financial Tip

The Rule of 72

You can easily see how the rate of return can impact your investments by applying the "Rule of 72." This is a simplified way to show how long your money takes to double at a fixed annual interest rate.

Dividing 72 by the following percentages shows the time needed:

# of Years
to Double
2% 36
4% 18
6% 12
8% 9
10% 7.2


How can you make your money grow, or appreciate for long term financial goals?

Money farmer

Investing is a way to save money for something you want many years away like a home, college education or retirement. Investing is a long term activity. In the Investing section, you will find information to help you understand how investing is different than saving, and how your money can work for you.