Annual Retirement Spending/Inflation

[bcorser]

If I input my retirement spending number in today's dollars, but my retirement age is not for 5 more years, should I not adjust today's number for inflation since the plan does not begin for 5 years? I realize that the planner takes this in to consideration and lowers the value of the expenses each year accordingly once the plan begins, but what about today's number in future value before the plan starts? What am I missing? Thanks very much.

[jimr]

The planner begins adjusting all amounts for inflation from the start of the plan, not from the start of retirement. So there's no need for any manual inflation adjustments.

[bcorser]

Thank you for your quick reply Jim.