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Inflation and other variables keeps resetting to some type of default value.

Submitted by jtpalermo@hotma... on 22 June 2009 - 4:01pm

ESPlanner Plus 2.14.5
Assumptions: Inflation and other variables tab.
Problem: ESPlanner keeps resetting the following variables.

(1) Will the Inflation rate chage? Resets to Yes.
(2) What year will the inflation rate change? Resets to 2010
(3) Future Inflation rate. Resets to 0%

I do not know if the above is having a significant influence on my estimates. I would like to have the current inflation rate set to 4% and keep that inflation rate when I do the monte carlo run. I change the inflation rate to NO and the other variables gray out; after selecting APPLY changes I exit the Assumptions screen, but upon returning to the Assumptions screen the program resets the above variables back to YES, the year 2010 and future inflation rate back to 0% does that mean that starting in the year 2010 inflation will be zero?

‹ Growth, percentage change, appreciation rate & inflation Inflation and Standard of Living Entries ›
Submitted by Lowell Williams on 23 June 2009 - 2:08pm.
1

There is no bug I'm aware of. Make sure to hit APPLY to set the rate.

2.14.5 will not let you leave the tab until you hit apply or cancel. You can, however, jump to a new page.

If you have figured out a way to make it fail, please open a support ticket and show the explicit steps to reproduce the problem

Submitted by xlrcable@satx.rr.com on 18 August 2009 - 4:09pm.
2

The Medicare Part B section seems broken too. If you enter a real current growth rate, it gets reset to zero if you leave the page. The reports appear to use the "future real growth rate" even if "will the growth rate change?" is not checked.

On the "Taxes" tab, I can't set a future change in taxes greater than 12%.

Submitted by jkrm on 1 September 2009 - 1:51pm.
3

I am having similar issues with the Medicare Part B section. It always resets to zero. Not only that, but I have entered 4.6% real growth for both the current and future rates yet the costs reflected in the spending report are growing much slower than that (the growth rate starts at around 1% and grows through the years to close to 4%). ANd finally, the listed cost for Medicare Part B is $7,796 in 2049, my last year, and drops all the way to $782 the next year. Just doesn't make sense.

Submitted by fmbachman@aol.com on 14 February 2010 - 2:01pm.
4

I have also had the problem. I have done the following steps: (1) I set the answer to to question "Will the inflation rate change?" to NO. (2) I then hit Apply. (3) I then run the report generator and get the correct output (the Pdf with the Assumptions indicates that inflation is not changeing). (4) But when I return to the program to run a variation, the answer has been reset at YES, the year of the change is 2011 and the inflation rate is 0%.

This certainly makes a significant difference in the results.

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