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Annual growth rate
Explanation:
The annual growth rate determines the value of your asset at retirement. Here are some tips for choosing an appropriate rate:
If you expect the value of your asset to stay the same, please use a rate of DEFAULT_INFLATION_RATE, which is the average inflation rate for the past 30 years, according to the U.S. Department of the Treasury.
If you expect the value of your asset to grow until retirement, please use a number higher than DEFAULT_INFLATION_RATE. For example, the S&P 500 has grown by an average of 10% per year since its inception.
If you expect your asset to depreciate in the future, please use a number lower than DEFAULT_INFLATION_RATE. You can input negative numbers as well.