They’d need investments with roughly a 7.2% annual yield, compounding annually for that. Good luck, unless you have several hundred thousand dollars to invest.
7.5% compounded will double every ten years. sadly those govt bonds no longer exist.
JoePhan over 9 years ago
They’d need investments with roughly a 7.2% annual yield, compounding annually for that. Good luck, unless you have several hundred thousand dollars to invest.
Hunter7 over 9 years ago
7.5% compounded will double every ten years. sadly those govt bonds no longer exist.