I have a pension that has COLA but not a standard COLA. I get 4% of my initial pension amount and then get that same amount increase every year. In other words, its not compounded so the percentage gets slightly smaller every year. Is there any way to account for that in FireCalc?
Also, when you click "inflation adjusted" on the pension area, what inflation rate is used? Is it based on the other section where you can decide between PPI, CPI or a certain inflation percentage?
Also, when you click "inflation adjusted" on the pension area, what inflation rate is used? Is it based on the other section where you can decide between PPI, CPI or a certain inflation percentage?