Do you know how long it takes for your money to double? There is a simple formula which is call the Rule of 72. You would take 72 divide it by the interest rate, this will tell you how many years it would take for your money to double. For example, let’s say you receive 1% of return from the bank; which in reality is way less than that but to keep it simple we will use 1%. So let’s say you have $1000 in the bank with the 1% of return (72 divide by 0.01 = 72). So for this example it will take 72 years for your money to double. I don’t know about you but I don’t have that long to wait for my money to double especially since I don’t have a lot in there. So one of the question I need to ask myself is, at this rate, will I have enough or will I ever be able to retire , be able to cover my LTC or LB if I need it. There are life insurance out there that have a guarantee of 0.75% and can index up to 15%, so look into it and decide where best to invest and save your money.