Reference Materials
Inflation Adjusted Wealth Goal (or Target)
AllocationADVISOR provides the ability to view the wealth goal (and portfolio targets) in real or nominal terms. To view these values in real terms, they need to be inflation adjusted.
WealthGoalt = WealthGoal0 * (1 + InflationRate)t
Targett = Target0 * (1 + InflationRate)t
where:
t = time t