The ‘Adjust benefits starting in the future’ setting can be utilized to bake in a specific percentage reduction to all Social Security benefits starting in the future. This setting will impact both the Monte Carlo analysis, as well as the future cash flow projection.
The ‘Discount rate used for optimization’ setting can be used to apply a discount rate to the Social Security Optimization tool. This setting does not impact the monte carlo or cash flow projections directly, only the Optimal Social Security strategy and the output within Social Security module.
