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Bill Riddick
Bill Riddick
Riddick & Co Entrepreneurial Finance Financial Advisor
https://riddickfinance.com 772-617-5757

William (Bill) Riddick has a series 66 (investment adviser representative) and offers investment advisory services through Riddick & Co Entrepreneurial Finance, LLC. He is also a licensed insurance producer in the state of Florida for life, health and annuities.

  • Financial Planning, Goal Analysis & Generational Planning
  • Institutional Investment Management Strategies for Individuals & Businesses Owners.
  • Business Retirement Plans (401Ks w/ Roth, Profit Sharing, Defined Benefit, Simple IRA, SEP IRA, etc.).
  • Term & Permanent Life Insurance, Disability Insurance, Long Term Care


  • Fixed & Indexed Annuities including living benefit riders


  • Fiduciary Standard of Care
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The Power of Interest - How Long Will it take My Money to Do

Have you ever heard of the Rule of 72? How about the Rule of 114? The Rule of 72 is a shortcut to estimate the number of years it takes for an investment to double, while 114 estimates how long it takes to triple. Better still, use this calculator to get more exact numbers.

Interest Rate

Enter your expected annual interest rate to see how long it will take your investment to grow.

This is an example value. Update it to reflect your expected rate of return.

%

Why do you want your investment to double or triple? Does that fit into your overall strategy, or is it just a fun math problem to solve? With saving and growing your money, sometimes hitting singles is a better approach than swinging for a home run.

See How Your Money Grows

Why do you want your investment to double or triple? Does that fit into your overall strategy, or is it just a fun math problem to solve? With saving and growing your money, sometimes hitting singles is a better approach than swinging for a home run.

Compounded
Growth Target Annually Monthly Weekly Daily
Double 2× your investment 0.0000 years 0.0000 years 0.0000 years 0.0000 years
Triple 3× your investment 0.0000 years 0.0000 years 0.0000 years 0.0000 years
10× Growth 10× your investment 0.0000 years 0.0000 years 0.0000 years 0.0000 years

What's Your Time Horizon?

These figures are estimates based on the interest rate you provided. Actual investment returns will vary based on market conditions and investment choices. Estimates only — not financial advice.

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