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Assuming this person can live on the same $35,379 per year in retirement and that they receive $10k in social security (which I believe is taxed as regular income),

My understanding is that Social Security is tax free for a single up to $25k, married $33k or is it $35k (don't remember). Provided you have reached full retirement age as defined by SS. It used to be 65 for everyone.

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