Here’s how the Rule of 72 works: Divide 72 by your expected annual interest rate (as a percentage, not a decimal). The answer is roughly the number of years it will take for your money to double. For ...

The Rule of 72 is a simple calculation tool for investors to use, but it's not necessarily the most accurate. Here are some more precise options to try.

The Openbank Savings account is an online high-yield savings option that has no monthly fees. You can access banking features, including checking your balance and initiating online transfers, via the ...

Learn the essential rules for using Excel Copilot effectively, maximizing its strengths while avoiding critical errors in ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Merck has raised its dividend for 14 consecutive years and at an average pace of nearly 7% over the last five years. The ...

Mortgages have downshifted a bit from highs earlier in the week but continue to fluctuate with the latest economic news. Retail sales were up more than expected, and jobless claims were down, showing ...

Tony Armstrong leads the banking team at NerdWallet. He has covered personal finance for over a decade. Tony began his NerdWallet career as a writer and worked his way up to editor and then to head of ...

Suppose you have the opportunity to invest in a project that will require a $100 investment today and pay out a single cash flow of $250 in year ...

Yes, whole life insurance is a type of permanent life insurance and includes a cash value account with a guaranteed minimum rate of growth. Can the cash value of my whole life insurance policy ...

Fun-loving and adventurous, with a passion for sales and technology, Trevor grew up in Ontario and received an Honours Bachelor of Business Administration (Economics) from Wilfrid Laurier University.