How Compound Interest Works calculator truly limits it's use to us and our clients.
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Abigail Grover
I just wanted to provide the feedback that the limitations to initial investment and annual contribution on the new How Compound Interest Works calculator truly limits it's use to us and our clients. We are going to have to use alternative tools to run scenarios for clients with anything over 500,000 starting value which is a bit disappointing. Is this something that will be adjusted on the calculator for the future?
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Amirah Mahmood
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Thank you so much for the feedback, Abigail Grover! Per your feedback, our content team has increased the maximum initial investment slider to $10 million. We also made it so that you can manually input amounts larger than the slider amount in the text box, so you should be able to run scenarios with any dollar amount that best suits your clients' situations.
Head's up: If your B/D compliance team needs to review and approve these adjustments, it may take some time for them to be reflected on your end.
Thank you again for sharing your feedback!
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Abigail Grover
Amirah Mahmood, thank you so much for the quick turnaround on this. We appreciate it!