One of the most common tools we teach our clients about is the “Rule of 72.” This rule allows you to quickly estimate the future value of your money as it pertains to the returns you are receiving right now. Even Albert Einstein recognized the strength of the time value of money!
One of the biggest difficulties investors face when analyzing investments or planning for retirement is understanding how to estimate what returns they should be receiving NOW in order to have the money they want in the future. Fortunately there are some easy to use tools that can help any investor better analyze returns. One of those tools is the “Rule of 72.” We have provided an easy guide to understanding how to use this tool and how it can help you invest smarter.
Here at USelfDirect we believe in empowering investors through education. Our team of experienced Self Directed Investment professionals are here to help answer your questions. We have years of experience and have seen nearly every type of account, investment, tax issue, funding method, and question imaginable. Give us a call and let us offer our expertise.
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