I have been playing around with FireCalc lately and find one thing that bother me a bit. For pension income it asks if the pension has a COLA. Well, mine will have a limited COLA up to 3% a year. So how can I handle that with FireCalc?
What I have been doing is splitting my pension in 1/2 and telling FireCalc I have two pensions, one COLAed and the other fixed. So my $14000 a year pension is entered as one $7000 a year pension with a full COLA ands one $7000 a year pension with no COLA. This seems the best compromise at this time. I wonder what others think