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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Estimate how many years you may need retirement assets or how long to provide income to a surviving spouse or children.
How will you weather the ups and downs of the business cycle?
When your child has income, there’s a good chance that he or she will need to report it and pay taxes.