Harvey Neiman is excited to announce the launch of their redesigned and refreshed compound interest app, the CWS Financial Planning Calculator. This innovative app reboot comes just ahead of the upcoming release of his much anticipated third book of the Customize Wall Street series. Using a unique algorithm that helps users solve for five different variables, this market-leading compound interest calculator empowers everyday investors with the critical information they need to create a financial plan that works. The official launch date for of the CWS Financial Planning Calculator 2.0 is June 2021.
Mr. Neiman believes that the CWS Financial Planning Calculator, along with Customize Wall Street, will provide users with a new level of clarity when creating their own financial plan. The compound interest app allows users to solve for initial deposit, annual additions, goal amount, interest rate or investment time frame by entering as little as just one of those factors. This calculator is the only app on the market that allows you to solve for more than one variable and save multiple scenarios. This unique feature means that app users can plan ahead of time what interest rate to shop for, time frame to plan for, and more to reach their financial goals.
The next release of the CWS Financial Planning Calculator can be downloaded for free on both iPhone and Android devices. While the release date of his third book is not yet available, the first two books of the series are currently on Amazon to assist novice investors with understanding basic investment principles and Nieman’s philosophy of low-stress, personalized investing.
“It’s not about tricks and gimmicks,” says Nieman, “It’s about the power of compound interest.” Compound interest, or the result of reinvesting interest, is a force so powerful that it is commonly said that Albert Einstein referred to it as the eighth wonder of the world. Compounding interest multiplies the power of any initial investment. If you put $1,000 into an investment earing 5% interest per year, at the end of one year you’d have $1,050. By the end of the fifth year, without adding any additional deposits, the annual interest would have grown by more than 20% to $60.77 and the total value would have risen to $1,276.28. It’s this force – and understanding how it helps you reach your goals – that Mr. Nieman hopes will empower the average investor to get their money to work harder for them.
With this innovative compound interest app, anyone can learn, calculate, and apply this principle to their financial life. The CWS Financial Calculator helps users explore the possibilities of saving and compound interest by calculating for up to four of the five variables. Whether your goal is to plan for retirement, save for college, or plan for a large purchase, this compound interest calculator can help you map out how to get where you want to go.
The Customize Wall Street series was written by Harvey Nieman, former Wall Street insider and current investment advisory professional. Mr. Nieman is the author of Customize Wall Street: A Practical Guide to Stress-Free Savings & Investing and Customize Powerful Tools of Investing as well as his upcoming third book. His website at https://customizewallstreet.com seeks to empower investors to take control of their financial future by creating a sensible, personalized, and practical approach to their goals.