The Rule of 72
Do you know how long it may take for your investments to double in value? The Rule of 72 is a quick way to figure it out.
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Maybe your middle schooler is already hip to saving. Many kids this age do chores and earn allowances, perhaps putting part of what they earn into a savings account for college....
There is nothing to fear but fear itself, especially when it comes to personal finances.
Don’t wait until you’ve reached the point where you feel pressured to make major retirement decisions.