Quicken Retirement Planner Question

[bizlady]

I am confused about one item in the retirement planner of Quicken.

Hypotetically, if I budget $50,000 a year in expenses, and set inflation at 3.5%--

then does the plan assume I would withdraw

$50000 in ACTUAL DOLLARS year 1

$51750 year 2

$53561.25 year 3 etc??

When a new year pops up, the planner says $50000 again, so that is what is confusing me.....