Are Pension inputs monthly or yearly?

Steelart99

Recycles dryer sheets
Joined
Apr 24, 2012
Messages
184
Are Pension inputs monthly or yearly? I suspect yearly, but it doesn't actually say.
Thanks
 
Last edited:
if you are talking about FIRECalc everything is on an annual basis.
 
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Other Income/Spending is where you enter Social Security, pensions, and other yearly adjustments.

Whenever anything is questionable, you can enter some simplistic inputs to test. For pension, I'd enter $100 portfolio, zero spend, A portfolio with consistent annual market growth of 0 %, fixed income returns of 0 %, and an inflation rate of 0 %.

Then enter a $10,000 portfolio, no inflation adjustment - you will see a graph that goes up $10,000 per year. If it were monthly, it would go up $120,000/year.

-ERD50
 
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