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Rule of 72

How long could it take money to double?

A quick estimate plus a separate compound-growth illustration.

1%20%

Your money doubles in

10.3

years

$10,000 becomes $20,000 in about 10.3 years

How it works: Divide 72 by your growth rate. At 7%, money doubles roughly every 10.3 years.

Start

$10,000

~10 yrs

$20,000

~21 yrs

$40,000

~31 yrs

$80,000

Growth over time

Now
$10,000
Yr 3
$12,250
Yr 6
$15,007
Yr 9
$18,385
Yr 12
$22,522
Yr 15
$27,590
Yr 18
$33,799
Yr 21
$41,406
Yr 24
$50,724
Yr 27
$62,139
Yr 30
$76,123

At 7% for 30 years, $10,000 could grow to $76,123 - about 7.6x what you started with.

The Rule of 72 is a quick mental estimate for doubling time. The growth above uses actual compound interest, which is why the doubling points line up closely but not exactly. Hypothetical illustration for educational purposes at a constant rate of return. It does not represent any specific product, and actual results will vary.

Monthly Money Map

Where is the money going each month?

Organize income into expenses, flexibility, emergency savings, and the future.

$
Bucket 1: Expenses & Bills$2,500 (50%)
Bucket 2: Fun & Entertainment$500 (10%)
Bucket 3: Emergency Fund$500 (10%)
Bucket 4: Future / Retirement$500 (10%)
Expenses Fun Emergency Future
$1,000 unallocated

Emergency Fund Goal (3 months of income): $15,000

At $500/month, you'll reach your goal in 30 months.

Retirement Gap

What income gap might need more attention?

Compare a simplified income goal with current savings and expected income.

Projected at Retirement

$803,386

at 6% hypothetical growth

Estimated Need (25 yrs)

$1,500,000

$5,000/mo x 25 years

Your Gap

$696,614

Additional savings needed

*This is a simplified illustration using a hypothetical 6% annual return. Actual results will vary. This is not investment advice. Consult a licensed professional for personalized guidance.

Family Protection Estimate

What might your family need covered?

Use debt, income, mortgage, and education as a rough starting point.

Debt

$25,000

Income

$600,000

Mortgage

$200,000

Education

$100,000

DebtIncomeMortgageEducation

Estimated Coverage Needed

$925,000

*The DIME method provides a general estimate for educational purposes. Your actual needs may differ. This is not a recommendation to purchase any specific product. Consult a licensed professional for personalized guidance.

These calculators use simplified assumptions and hypothetical inputs for general education. They do not account for every fee, tax, market condition, policy term, or personal circumstance, and the results are not guarantees, recommendations, or financial, investment, tax, or legal advice.