"Current Amount" for Consumption
I started playing with ESPlanner+ this weekend, as a new user. I've been trying to tease out the numbers that compose the "Current Amount" Consumption on the profile main report. There's something very perplexing.
Running the Economics-based reports, with and without Monte Carlo simulations, there's a significant difference in the "Current Amount" consumption for each case. The Monte Carlo run comes up with a number that 25% less than the normal run, for the same input data. Why would that be?
The normal run is closer to my math, but still off (13% low), when I calculate my implied expenditures [salaries + asset income (as determined by ESPlanner)] - [taxes + housing expenditures + retirement contributions + annual net savings]