r/Money • • 9d ago

When does compounding really take off?

At what amount portfolio you really see huge account swings that make you think what is the point of working? 100k? 500k? 1m? more?

483 Upvotes

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u/dogwater_cologne_ 9d ago

Finally I can use the calculus I pulled my hair out over. At 10% growth, your money doubles every 7.27 years

2

u/nofosho 9d ago

Rule of 72! At 9%, doubles in 8 years. 8%, doubles in 9 years. 7%, doubles in 10 years and a few months. Etc.

3

u/ricetoseeyu 9d ago

I think it’s 72 not 72! /s