Financial experts have shown that, assuming an eight percent annual return, you can reasonably expect a retirement savings contribution to double every nine years.* Don’t miss out on this easy way to save for your retirement. Remember, the sooner you sign-up, the sooner your money can grow.
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*As commonly understood based on the "Rule of 72" - a shortcut to estimate the number of years required to double your money at a given annual rate of return. The rule states that you divide the rate, expressed as a percentage, into 72: years required to double investment = 72 ÷ compound annual interest rate. You may earn more or less and your investment is not guaranteed.