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How Much Do You Need to Save to Double in Five Years?
i will put the text of your question in the show notes, just so people can follow along with this. So you are talking of a period of five to ten years to get to 225 x. Now for something to double in five years, that would be a rate of 14 %. Using the rule of 72,. For something todouble in about ten years, thatWould be a rateof seven % to double in ten years. And those rates are within the wheel house of a total stock market portfolio which tends to have a nominal rate of return over the past hundred years or so of about ten and a half%.