Finance

Rule of 72

Estimate how many years it takes for capital to double, from a rate.

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Rule of 72
Exact calculation
Difference
To quadruple (×4)

The rule of 72 simply divides 72 by the rate: accurate and instant between 4% and 12%.

Doubling your money: how long?

The rule of 72 answers with one division: 72 ÷ annual rate. Set the rate and compare the estimate to the exact compound-interest calculation, plus the time to quadruple.

  1. Set the rate

    The expected annual return, in %.

  2. Read the estimate

    72 ÷ rate gives the years to double.

  3. Check the exact

    ln(2) ÷ ln(1 + rate) for precision.

Rule of 72 vs exact calculation

RateRule of 72Exact calculation
2%36 yrs35.0 yrs
6%12 yrs11.9 yrs
8%9 yrs9.0 yrs
10%7.2 yrs7.3 yrs
12%6 yrs6.1 yrs

Indicative estimate, not financial advice. The rule assumes a constant rate and compound interest.

Frequently asked questions

What is the rule of 72?

A mental-math shortcut: the time to double capital ≈ 72 ÷ annual rate (in %). At 8%, you get 72 ÷ 8 = 9 years. It assumes compound interest at a constant rate.

Is it accurate?

It is an approximation, but a very good one between 4% and 12%. The exact calculation is ln(2) ÷ ln(1 + rate). At 8%, the exact gives 9.0 years, identical to the estimate; at 2%, 36 (rule) vs 35.0 (exact).

How do I find the time to quadruple?

Quadrupling is doubling twice: just double the doubling time. At 8%, ×4 takes about 18 years. ×8 takes three doublings, i.e. ~27 years.

What is it useful for day to day?

To quickly gauge compound interest: savings, investments, but also inflation erosion (at 3%, purchasing power halves in ~24 years). For precise figures, use the exact calculation shown.