Calculation error?
Posted: Sat Mar 05, 2022 3:07 pm
I'm entering additional income from contract work using:
"Specify additional Cash Flows such as Retirement Savings, Retirement Income, and Expenses"
I seem to get unusual results when I test at two extremes:
$50,000 at 100% tax rate is much better than $0 at 0% tax rate.
I would have expected both settings to have zero affect on the graph. Why is $50,000 at 100% tax rate showing such a significant improvement? Shouldn't $50,000 at 100% tax rate be the same as nothing?
Sincerely,
Gary
"Specify additional Cash Flows such as Retirement Savings, Retirement Income, and Expenses"
I seem to get unusual results when I test at two extremes:
$50,000 at 100% tax rate is much better than $0 at 0% tax rate.
I would have expected both settings to have zero affect on the graph. Why is $50,000 at 100% tax rate showing such a significant improvement? Shouldn't $50,000 at 100% tax rate be the same as nothing?
Sincerely,
Gary