What's New at The Cumberland Financial Group?

How many years does it take for your money to double?

The quick answer can be obtained by using The "Rule of 72".  This concept is a very useful economic tool.  A working knowledge of this rule helps one understand the length of time required for a sum of money to double or the inverse, the length of time required for the value of a sum of money to be reduced by one half.

We offer the following charts for your review. You will find them instructive and useful.  We encourage you to refresh your understanding of the Rule of 72 and consider its implication for your circumstances.

 Click here to learn more: Rule of 72 Explained