How should I interpret "age N"?

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eric
Posts: 35
Joined: Wed Apr 20, 2016 6:06 pm

How should I interpret "age N"?

Post by eric »

When I'm entering a recurring cash flow (income, expense), what's the best way to think about it?

For example, if I'm planning to retire at my 70th birthday, and planning to work in retirement until I reach my 75th birthday, I think should enter that as a Misc Income cash flow, with Start Year = Age 70 and End Year = Age 74.

Also, I assume that if I'm planning to retire at my 70th birthday, I should enter Retirement Age = 70.

Is that right?

Thanks.

jimr
Posts: 670
Joined: Thu Feb 28, 2008 6:48 pm

Re: How should I interpret "age N"?

Post by jimr »

That seems right to me.

After you adjust or add settings and run the planner, it's always a good idea to look in the detailed view table to make sure the cash flow does what you expect (eg starts when you expect, lasts for the number of years you expect it to last).

eric
Posts: 35
Joined: Wed Apr 20, 2016 6:06 pm

Re: How should I interpret "age N"?

Post by eric »

Thanks, Jim

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