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 https://support.mywealthtrace.com/21145/kb/article/111432/rebalance-setting" target="_blank 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 [...]

Is investment growth used for expenses? If there is investment growth not used, where does it go?

Investment growth will be used for expenses if needed. You can read about the order of income sources used https://support.mywealthtrace.com/21145/kb/article/108286/what-is-the-order-of-how-income-and-investments-are-used-for-expenses" target="_blank here. If there is investment growth left over, it is reinvested back into the investment from which it [...]

If I die before my wife she will be eligible for my Social Security via spouse benefit, but because she has a pension as a government employee her take of my Social Security benefit will be reduced by 2/3 of her pension. Is there any way to model this?

The best way to handle this is to force a switch in her Social Security and to not allow her to take yours. In the screenshot below you can see how to set the changed amount to whatever she would receive once you are projected to pass away. [...]

Are living expenses in retirement supposed to include the taxes I pay or are they pre-tax?

Do not include income taxes or taxes on investments in the input for Living Expenses in Retirement. The program calculates these for you. However, you will want to include property taxes in either the Living Expenses in Retirement input or add them as a https://support.mywealthtrace.com/21145/kb/article/107333/where-to-add-expenses-that-only-last-a-few-years" target="_blank Goal/Additional [...]

It's June 30th and this year is halfway over. How does the program estimate what my dividends and capital gains were prior to today in order to determine the correct tax rate?

In the current year, the program will estimate the previous dividends and capital gains in the year based on the projected dividends and capital gains for the rest of the year and what the date is. Example: It's June 30th and the projected dividends are $5,000 for the rest of the year and the projected capital gains are $10,000. Because we are halfway through the year, the dividends used to [...]