First year computation in Regular Assets Report
I am looking at the first row (Year 2010) of the Regular Assets report in the Suggestions section of the PDF report. I assume that the regular assets values in each row are the end of year values. At the start of 2010, my regular assets were say $100,000--the total value listed in the Regular Assets report of the Inputs and Assumptions section.
Further the savings column (for the first line, year 2010, of the Regular Assets report in the Suggestions section) is say $10,000. I would expect the Regular Assets column then to be $100,000 + $10,000. Instead, it is $113,000. It appears that ESPlanner takes the assets at the beginning of the year and increases the amount by the rate of inflation (3%) before adding the savings. Why is this inflation adjustment made? No adjustments are made for inflation in any of the other rows (subsequent years).
The same is true of the Retirements Accounts report in the Details section of the PDF report.
Larry
RSS
Hi, All figures are reported in end of 2010 dollars. We assume that you enter you initial assets in end of 2009 dollars.
Call me at 617 834-2148 if this isn't clear.
best, Larry