All Articles

Nicholas Ockenga Breaks Down Compound Interest in MoneyGeek Article

Financial Planner Nicholas Ockenga was recently featured by MoneyGeek for his article "Expert Insight on Compound Interest."

In his piece, Ockenga explains the rule of 72 as a method to understanding compound interest. He offers insight into how "the longer you keep money invested, the more compound interest can work in your favor, whether it’s in a taxable account or a tax-deferred retirement vehicle." While compound interest can be used to your benefit, he also explains how it can work against you when it comes to debt.

MoneyGeek is a personal finance website that seeks to make personal finance more approachable and accessible. It covers a broad range of topics such as credit cards, loans, financial planning, insurance and mortgages.

Read Ockenga's insights here.

This website uses cookies. By accepting the use of cookies, this message will close and you will receive the optimal website experience. For more information on our cookie policy, please visit our Privacy Policy.