I am leaving the expenses blank on first page, and using three different age brackets for expenses in additional inputs. I do have the inflation rate set on the first page. Do I need to set COLA input to track inflation on the three different expense brackets to accurately reflect expenses due to inflation?
Thank you-
Clarifying Inflation on Expenses
Re: Clarifying Inflation on Expenses
If you set a value for inflation on the main page, it will apply to all years of your plan. So there isn't a need to enter it in additional inputs, unless you want the rate to be different in some years.
You can verify that the inputs are what you expect in the detailed view table after you click run. To see all possible columns, click the "Show more detail" radio button at the top right of the screen, then right-click on any column header and select "show all columns." This expands the table to show all the inputs and outputs for each year of the plan.
You can verify that the inputs are what you expect in the detailed view table after you click run. To see all possible columns, click the "Show more detail" radio button at the top right of the screen, then right-click on any column header and select "show all columns." This expands the table to show all the inputs and outputs for each year of the plan.
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