The Rule of 72 is a simple yet powerful tool for estimating how long it will take for an investment to double at a given annual compound interest rate. By dividing 72 by the interest rate, investors ...

If you try to withdraw early from just about any retirement plan, you'll be slapped with a penalty—an incentive to leave your money alone and let it build toward retirement like you always intended.

If you try to withdraw early from just about any retirement plan, you'll be slapped with a penalty—an incentive to leave your money alone and let it build toward retirement like you always intended.

You don’t need a finance degree to figure out how long it’ll take to double your money as an investor. The Rule of 72 offers a quick shortcut to estimate growth based on interest rates or, on the flip ...

Forbes contributors publish independent expert analyses and insights. Host of the Retire Sooner podcast and CFP™ practitioner. Many investors gain penalty-free access to retirement accounts at age 59½ ...