
Sign up to save your podcasts
Or


If you ever wanted a quick way to estimate how many years it’ll take for your investments to double, take 72 and divide it by the interest rate. In this episode, we explore how this a great way to think about the power of compound interest. If you’re early in your career, it may encourage you to set aside more money now. And if you’re close to retirement, it can be reassuring to know your investment could double in the next 7-10 years.
By Washington State Department of Retirement Systems4.8
1919 ratings
If you ever wanted a quick way to estimate how many years it’ll take for your investments to double, take 72 and divide it by the interest rate. In this episode, we explore how this a great way to think about the power of compound interest. If you’re early in your career, it may encourage you to set aside more money now. And if you’re close to retirement, it can be reassuring to know your investment could double in the next 7-10 years.

43,702 Listeners

38,781 Listeners

11,527 Listeners

3,549 Listeners

1,943 Listeners

1,468 Listeners

6,674 Listeners

3,166 Listeners

12,770 Listeners

16,749 Listeners

4,523 Listeners

1,544 Listeners

347 Listeners

5,844 Listeners