Help - Don't Understand How Inflation Works?
Posted: Thu May 10, 2018 6:22 pm
I want to set up my plan so my expenses are subject to 2% per year inflation but my social security income only gets a 1% COLA. I entered my expenses and SS on the "additional inputs". For the SS, I selected "tracked then fixed" at 1%. On the main screen, I put in 2% for average inflation.
Did I do it right? If so, it is a little weird because if I change the inflation to 0% the probability goes down and if I increase inflation, the probability goes up. It should be the reversed.
Did I do it right? If so, it is a little weird because if I change the inflation to 0% the probability goes down and if I increase inflation, the probability goes up. It should be the reversed.