Investment Values Are Lower When Rebalance Setting is on
I noticed when I turned on the setting for 'Rebalance Investments Annually" the value for Projected Investment Value at End of Plan went down. Why is that?
When the setting for Rebalance Investments Annually is off, the investments with the higher annual return will keep growing and compounding at the higher annual rate of return. That is why the total balance over time usually increases when this setting is turned off.