Hi johnjodonnell4,
First off, a 710/Q46 is an outstanding Score, so you can comfortably apply to any Business Schools that interest you. While a Q46 won't 'impress' anyone, it's still a relatively strong performance (and if you get rejected from Wharton, then it will likely not be because of that sub-Score). This is meant to say that a retest is probably not necessary. There's no harm in the attempt though (as you noted, if you end up with a result that you're not happy with, then you can simply 'cancel' the Score and no one will ever know about it).
Since you're interested in at least one highly-competitive School, you'll need a high GMAT Score (which you have), a strong OVERALL profile and you'll need to properly 'market yourself' to each individual Program that you apply to. As such, you would likely find it beneficial to speak with an Admissions Expert about your overall profile and plans. There's a Forum full of those Experts here:
https://gmatclub.com/forum/ask-admissio ... tants-124/GMAT assassins aren't born, they're made,
Rich