How does GuidedChoice account for inflation when giving advice?
Planning for inflation can be complicated. GuidedChoice automatically adjusts everything for inflation using simulated inflation rates. Inflation rates don’t typically stay the same every year, so GuidedChoice simulates hundreds of different inflation scenarios. This is important when planning for your future because you want to have an idea of how far your dollar will go. By accounting for inflation you have a greater chance of achieving your retirement income goal, and not falling short. This is just one of many factors that go into your projection and planning when you sign up with GuidedChoice.