
Thinking Beyond "The Money" (plus Gen Z is rockin'!)
The Stacking Benjamins Show
00:00
Millennials Are Doing a Good Job With Emergency Savings
There's this cool rule called the rule of 72 And you take the interest rate you think you're gonna get divided into 72. So let's say we get 8% right? I mean Dave Ramsey will say 12. We could say 10 because historically oh gee, we've had it But let's say eight you want to go conservative losers are conservative, but sure If you were the worst stacker among us You get 8% 8% is good 8%. 8 into 72 every nine years that's gonna double so dug to your point Where if they're 25 now with 33 grand? It's gonna double when they're 34 Gonna double when they'm 43 and then again at 61 Let
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