100 minus your age gives you the percentage in equities with the balance going into low-risk bond assets. […]
Guide Category: Savings & investments
The 10, 5, 3 rule
This is the expected long-term return from equities, bonds and cash. It can be combined with the rule of 72 so you can see how long it takes for each asset class to approximately double in value. […]
3 months’ emergency cash rule
Having 3 months of emergency cash means being able to carry on meeting your expenditure if your main source of income disappears. […]
The 72 Rule to double your money
This tells you how long it will take for your money to double. Divide 72 by the interest rate or rate of return you are using or earning, and it gives you the number of years it will take for your money to double in value. […]
Win it, then one it
If you win the lottery (more probably you’ll get a bonus or an inheritance) win it then one it. If you happen to have been particularly jammy, use 1% to indulge yourself now. […]
The sixty-something rule
The 60-something rule indicates at what age you should have enough money to stop working. […]