Firecalc Social Security Calculation

[Bikerdude]

I'm sure this has been asked before but the "search" for it is so broad that I cannot find any reference.

When I put in my Social Security amount and date that it will begin does Firecalc add inflation to that amount until the year I said it would begin? I assume it does NOT. I'm getting the future SS inflation adjusted amount from the SS web site calculator so I want that amount to be used and not adjusted for inflation UNTIL the year I start taking it. Anybody have the answer?

 

[REWahoo]

Here's a thread discussing that subject: http://early-retirement.org/forums/index.php?topic=7732.0

 

[Bikerdude]

Here's a thread discussing that subject: http://early-retirement.org/forums/index.php?topic=7732.0

Thanks REWahoo. I guess I'll just enter the present day $$ and let Firecalc add the inflation. In the long run it probably does not make a great difference. I think it was Keynes that said "In the long run we're all dead".