The guideline affects the resistor sizing only.
Resistors come in standard power ratings: 1/8W, 1/4W, 1/2W, 1W, and 2W are common sizes. The 60% guideline is what I apply to pick the appropriate resistor. So if the wiz calculates you're dissipating 299mW in your resistor, he'll let you get away with a 1/2W, but at 300mW you'll get a recommendation to use a 1W.
This has no effect on the current delivered--it's just a matter of being conservative when selecting a resistor that will last a while. I also include the calculated power and publish the 60% guideline in case you feel like being less conservative. For example, if you can find a 1/2W but not a 1W resistor of the value you need in the 300mW case above, it's probably okay to go with the 1/2W.
And welcome to the boards.
( I see JustDIY got a reply in ahead of me too, good job

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