Misc Income and Inflation

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TBoneCO
Posts: 4
Joined: Tue Mar 19, 2024 7:03 pm

Misc Income and Inflation

Post by TBoneCO »

Scrubbing the details tab to ensure my additional inputs are working as I expect.

To model my wife's continued income after I retire this year, I set the following additional input.
Enabled Cashflow Type Start Year End Year Amount Taxable Percent COLA Memo
true Misc Income Start of Plan Age 64 100000 0 Inflation Salary Gap
However, I noticed in the detailed view, the value continues to show up as $100K per year for next few years until other income kicks in. Should year 2, 3, etc. show as an inflation adjusted amount?

Thanks,
TBoneCO
jimr
Posts: 853
Joined: Thu Feb 28, 2008 6:48 pm

Re: Misc Income and Inflation

Post by jimr »

All the amounts in that table are shown in present value dollars, so an amount staying the same from year to year is exactly keeping up with inflation. A decreasing amount is an amount that isn't keeping up with inflation and an increasing amount is growing at a rate greater than inflation.
TBoneCO
Posts: 4
Joined: Tue Mar 19, 2024 7:03 pm

Re: Misc Income and Inflation

Post by TBoneCO »

Thanks!
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