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The Rule of 72 — and how to use it

A one-second mental shortcut: divide 72 by a rate to see how many years it takes money to double — or to halve.

Direct answer: divide 72 by the annual rate to estimate the years for an amount to double. At 8% a year, money doubles in about 72 ÷ 8 = 9 years. The same trick run on inflation tells you how fast your savings halve.

Examples

Annual rateYears to double
4%~18 years
6%~12 years
8%~9 years
12%~6 years

The inflation flip side

Run it on inflation to see the damage: at 15% inflation, idle money loses half its purchasing power in about 72 ÷ 15 ≈ 5 years. That single number explains why doing nothing is a decision — and an expensive one.

See the exact erosion with the Inflation Calculator.

FAQ

What is the Rule of 72?

Divide 72 by an annual rate to estimate the years for money to double (at a return) or halve (at inflation).

How accurate is it?

It is a close approximation for rates roughly between 4% and 15% — perfect for quick mental math.

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