What Does the Inflation Rate Apply to in Income InSight?

Inflation Rate Only Applies to Basic Income Needs

The inflation rate entered in Income InSight applies to the "Basic Income Needs" only. For married couples, it applies to both the joint monthly income need and the monthly survivor need. 

The inflation rate is entered in the "Assumptions" folder and the default rate is 2.6%.  This can be changed to a percent of your choosing. 

The inflation rate does not apply to additional discretionary needs entered.