Finance Devil interviews industry experts and researches all aspects of finance and investments.
Finance isn’t just about growing and protecting your nest egg; it also means ensuring your nest egg is keeping up and exceeding the rate of inflation. According to the World Bank, in 2014, the inflation rate was 1.5%. This is the rate an investor must exceed to ensure their nest egg maintains today’s current dollar value.
Finance Devil offers commentary, research, and insight on maintaining and growing your nest egg. Find out how long it will take to save a million dollars in your 401(k) using the compound interest calculator. Add an additional installment each month to a car loan and cut down the length of the loan term. Calculate how long an investment will take to double using the Rule of 72.