Effect of Additional Expense Input
Effect of Additional Expense Input
When I enable an additional annual expense input (medical expenses, with a different inflation rate) on the additional input page, do I deduct that amount from "Annual Retirement Spending" on the main page?
Re: Effect of Additional Expense Input
If the amount was already included in your estimate of annual expenses, it would make sense to deduct it.
If you look at the table in the detailed view tab, you can see a year-by-year listing of all the planner values, including the net withdrawal amount needed to fund your expenses. One note is that all amounts in this table are shown in present value dollars. That means if an expense exactly keeps up with inflation from year to year, the amount will stay constant.
If you look at the table in the detailed view tab, you can see a year-by-year listing of all the planner values, including the net withdrawal amount needed to fund your expenses. One note is that all amounts in this table are shown in present value dollars. That means if an expense exactly keeps up with inflation from year to year, the amount will stay constant.
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