nbsp 6: How do debts and one-time expenses affect my retirement income?
The Snapshot subtracts your debts and one-time expenses from your total retirement savings. Then it divides what’s left by the number of years you’ll spend in retirement. No matter when you actually pay back the debt or cover the expenses in real life, your retirement income works out about the same. The Snapshot asks for these separately to make sure they’re accounted for, which helps give a more accurate view of your retirement income.
