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FIRECalc question
Old 01-18-2018, 11:29 AM   #1
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FIRECalc question

So I've been fooling with firecalc but only in it's simplest form. Today I got a little more into the various ways you can set it up. When it says it's says it's set up to account for inflation, does that mean if say, I put in a starting portfolio of $1M and spending of $70K a year it will raise that $70K a year 3% for inflation?So the first year i draw out $70K, then the next year I can take out $72K and on and on?

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Old 01-18-2018, 11:31 AM   #2
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Yes, but you can define how it changes spending on the Spending Models tab along the top. The default assumption inflates spending input on the Start Here tab for CPI.
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Old 01-19-2018, 05:05 AM   #3
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