Flexible Retirement Planner Support Forum

I have entered my current social security amount in the "additional inputs," and then "track inflation." When I run the simulation, the social security payment doesn't change from year to year. I tried putting in a 2.5% COLA, but that doesn't work either. Is there something I'm missing. Thanks.

The planner shows all dollar amounts in 'today's value' dollars. So the fact that the amount doesn't change indicates it's keeping up with inflation.

For a test, you could try setting it up as NO COLA and you'd see the amount shrink over time, which represents the diminishing purchasing power of a no cola cash flow.

That's cool. Thanks!