Florida Life Insurance
         Live Right, Work Hard, Find Something to Believe In
   

Meeting Your Life Insurance Needs

Asset Management

With so many products to choose from in today’s financial sector, it is extremely important that you know how money truly works. The Rule of 72 and the Magic of Compounding show how your money can effectively work for you.

It Can Take Years to Double Your Money – The Rule of 72*

This shows the years it takes to double your money at various percentage rates by dividing the rates into 72.



 


Magic of Compounding*

The following is an example of a one time deposit of $10,000 left to compound over time at various interest rates.




*Returns are for illustrative purposes only and do not represent actual returns. Specific investments are subject to various external factors, such as market risk, liquidity risk, interest rate risk, inflation, political events, and war, that may result in return durations not consistent with the mathematical principle represented by the Rule of 72
Web Hosting Companies