Why do you not add 3% inflation to the 2.75% real return?
The real return of 2.75% already takes inflation into account. Otherwise, if you add the two together, you now have the nominal rate of return instead.
Why do you not add 3% inflation to the 2.75% real return?
The real return of 2.75% already takes inflation into account. Otherwise, if you add the two together, you now have the nominal rate of return instead.