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The retirement income is adjust for inflation. All contributions and withdrawals are specified in today's dollars. Internally, I model this be decreasing the S
by scottfr 11y ago
The retirement income is adjust for inflation. All contributions and withdrawals are specified in today's dollars.
Internally, I model this be decreasing the Savings each time step to compensate for inflation.
- stevenmays 11y agoI think this is the wrong way to do it. I think you should probably increase spending. Decreasing savings reduces the income earned on compound interest, whereas spending has no effect. Cool project though.