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The Rule of 72: How Fast Does Your Money Double?

Divide 72 by your annual return and you get the years it takes to double your money. Move the slider to see it for any rate — or flip it around to find the return you need.

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At 10% a year, your money doubles every
7.2 years
Exact compound math: 7.27 years — the Rule of 72 is within about 1%.
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What is the Rule of 72?

The Rule of 72 is a mental-math shortcut for figuring out how long it takes an investment to double. You take the number 72 and divide it by your annual rate of return. The answer is roughly the number of years your money needs to double at that rate. No calculator, no spreadsheet, no compound-interest formula — just one division you can do in your head.

At an 8% return, money doubles in about 72 ÷ 8 = 9 years. At 6%, it takes 72 ÷ 6 = 12 years. At 12%, just 72 ÷ 12 = 6 years. That is the entire rule. Its power is that it turns an abstract percentage into something you can actually feel: the difference between a fund that doubles your money every 7 years and one that takes 18.

The formula (and why it works)

The exact time to double at a compounded rate is ln(2) ÷ ln(1 + r). That is not something anyone does in their head. Because ln(2) is about 0.693, and because of how the math behaves at typical investment returns, multiplying by 100 and rounding to a conveniently divisible number lands you near 72. It is an approximation, but a remarkably good one in the range that matters most to investors.

The rule is most accurate between roughly 5% and 12% annual returns, where it is usually within a couple tenths of a year of the true answer. At very low or very high rates it drifts a little — which is why some people reach for 69.3 or 70 for lower, continuously compounded rates. For estimating in your head, 72 wins because it divides evenly by 2, 3, 4, 6, 8, 9, and 12.

Rule of 72 for common ETF returns

Plug an ETF's expected long-run return into the rule and you get a rough doubling time. These are illustrative long-run figures, not forecasts:

Investment typeRough annual returnYears to double
Cash / high-yield savings~4.5%~16 years
Bond ETF (e.g. BND)~4%~18 years
S&P 500 ETF (e.g. VOO)~10%~7.2 years
Nasdaq-100 ETF (e.g. QQQ)~13%~5.5 years

This is exactly why a broad, low-cost stock index fund is the workhorse of most long-term portfolios: at its historical return, it has doubled invested money roughly every seven to ten years. Want the precise, dollar-by-dollar version instead of the shortcut? Use our investment calculator.

The fee angle most people miss

The Rule of 72 also shows why expense ratios matter more than they look. A fee comes straight off your return, so it slows how fast your money doubles. Turn a 10% return into 9.25% with a 0.75% fee and your doubling time stretches from about 7.2 years to about 7.8 — and over a lifetime of doublings, that gap is enormous. Run your own funds through the ETF fee calculator to see the dollar cost.

The same shortcut runs in reverse for inflation: divide 72 by the inflation rate to see how fast your purchasing power halves. At 3% inflation, a dollar loses half its value in about 24 years. Growth doubles your money; inflation and fees quietly halve it. The Rule of 72 lets you size up both sides in seconds.

Frequently asked questions

What is the Rule of 72?
The Rule of 72 is a mental-math shortcut for estimating how long it takes an investment to double. You divide 72 by the annual rate of return, and the answer is the approximate number of years to double. For example, at an 8% annual return, money doubles in about 72 ÷ 8 = 9 years. It works in reverse too: divide 72 by the years you have to estimate the return you would need.
How accurate is the Rule of 72?
It is a close approximation, most accurate for returns between roughly 5% and 12%, where it is typically within a few tenths of a year of the exact compound-interest answer. At very high or very low rates the estimate drifts a little. For rates near 8%, some people use 72; for continuously compounded or lower rates, 69.3 or 70 is marginally more precise. For everyday estimating, 72 is the standard because it divides cleanly by many numbers.
How do you calculate the Rule of 72?
Divide 72 by the annual percentage return, using the whole number of the percentage rather than a decimal. At 6% you calculate 72 ÷ 6 = 12 years to double. At 9% it is 72 ÷ 9 = 8 years. To find the return needed instead, divide 72 by the number of years: to double in 10 years you need about 72 ÷ 10 = 7.2% per year.
What return do I need to double my money in 10 years?
About 7.2% per year, from 72 ÷ 10. That is close to the long-run historical return of a broad US stock index fund, which is why a diversified stock ETF has historically doubled invested money roughly every seven to ten years. The exact figure to double in 10 years is 7.18% compounded annually.
Does the Rule of 72 work for inflation?
Yes, in reverse. Dividing 72 by an inflation rate estimates how many years it takes for your money's purchasing power to be cut in half. At 3% inflation, 72 ÷ 3 = 24 years for a dollar to lose half its value. The same shortcut also estimates how quickly fees or any steady percentage erode a balance over time.
How does the Rule of 72 apply to ETF investing?
Plug an ETF's expected long-run return into the rule to get a rough doubling time. A broad S&P 500 ETF around 10% doubles about every 7.2 years; a bond ETF around 4% takes about 18 years; a cash-like Treasury ETF around 4.5% takes about 16 years. The rule also shows why fees matter: shaving a 0.75% expense ratio off a 10% return pushes the doubling time out by several months, and that gap compounds over decades.

Educational purposes only. The Rule of 72 is an approximation for illustrating compound growth, not a forecast. This tool does not constitute financial advice, investment recommendations, or personalized guidance. Return figures shown are hypothetical long-run illustrations; actual returns vary and past performance does not indicate future results. ETF BFF is not a registered investment advisor. Always do your own research and consult a qualified financial professional before making investment decisions.