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• Model how changes in expenses, like your mortgage, will impact your retirement savings over time, enabling informed decisions about spending and budgeting.
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• Account for various sources of additional income, including part-time work, rental income, or side businesses, for a more accurate picture of retirement income.
• Adjust additional revenue streams to see how changes in income affect your retirement savings.
• Explore strategies to maximize your Social Security benefits, such as delaying retirement or optimizing claiming strategies.
• Understand the impact of Social Security on your overall retirement income to make informed decisions about when and how to claim benefits.
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