The Rule of 72
Do you know how long it may take for your investments to double in value? The Rule of 72 is a quick way to figure it out.
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The brain is a powerful thing, but when it comes to preparing for something that is far in the distance like retirement, it can easily be led astray — and result in some big retirement planning mistakes.
Looking ahead can help you conquer these unique obstacles.
Does it make sense to borrow from my 401(k) to pay off debt or to make a major purchase?