Perpetual Renewal of Dates

ssuser01

I have run into a little issue with a formula. It isn't adding the renewal timeframe correctly

Formula:

=IF(TODAY() > DATE(YEAR(TODAY()), MONTH([Agreement End Date]@row), DAY([Agreement End Date]@row)), DATE(YEAR(TODAY()), MONTH([Agreement End Date]@row), DAY([Agreement End Date]@row)), DATE(YEAR(TODAY()) - 1, MONTH([Agreement End Date]@row), DAY([Agreement End Date]@row))) + [Auto Renewal Period]@row