Rule Of 240 | Seeking Alpha

Rule Of 240 | Seeking Alpha



Here is an outstanding article which discusses forecasting how your 401K will grow over a certain number of years with a projected rate of return.  The Rule of 72 was reviewed along with the Rule of 240.  I was already familiar with the Rule of 72, but the Rule of 240 was very interesting in that it tells you how many years it will take to grow your money by 10 times.  Making 10-baggers happen is what got me started in investing years ago.  We need to be able to think ahead concerning our 401K outcomes and plan accordingly by trying to make the highest safe return that we can each year.