About
MaxiFi is a sophisticated personal financial and retirement planning software designed for households, financial advisors, and employers. Built on economics-based algorithms developed by renowned economist Laurence Kotlikoff, it determines your highest sustainable living standard and creates a comprehensive lifetime plan for income, spending, savings, and life insurance needs. Unlike conventional financial planning tools that require users to estimate income and spending through retirement, MaxiFi leverages economics-based modeling to precisely calculate how much you can afford each year — for life. The platform helps users optimize Social Security timing, perform Roth conversion analysis, minimize taxes, and grow their legacy estate. Key capabilities include Living Standard Monte Carlo simulations for risk management, life insurance contingency planning with personalized coverage recommendations, and the ability to model financial decisions and instantly see their impact on your short- and long-term living standard. Users can test scenarios like early retirement, job changes, or major purchases before committing. MaxiFi offers multiple service tiers — Flight Check for guided onboarding, Co-Pilot pairing users with certified financial planners, and Concierge Service for hands-on expert support. It is ideal for individuals planning for retirement, families wanting to secure their financial future, and financial advisors seeking a more rigorous, evidence-based planning tool for their clients.
Key Features
- Economics-Based Lifetime Planning: Uses Nobel Prize-winning economic algorithms to calculate exactly how much you can sustainably spend each year for the rest of your life.
- Roth Conversion Optimizer: Analyzes your financial situation to identify optimal Roth conversion strategies that minimize lifetime taxes and maximize retirement income.
- Living Standard Monte Carlo: Simulates thousands of market scenarios to help you understand and manage risk to your long-term living standard with confidence.
- Life Insurance Contingency Planning: Provides personalized life insurance recommendations tailored to your household's specific financial profile and dependents.
- Financial Decision Scenario Testing: Lets you model major life decisions — retirement timing, job changes, big purchases — and instantly see the impact on your lifetime living standard.
Use Cases
- Retirement planning: determining the optimal age to retire and how much you can sustainably spend throughout retirement.
- Social Security optimization: identifying the best time to claim Social Security benefits to maximize lifetime income.
- Tax minimization: using Roth conversion analysis and tax-efficient withdrawal strategies to reduce lifetime tax burden.
- Life insurance needs analysis: calculating the right amount of coverage to protect your household's living standard if a breadwinner passes away.
- Legacy and estate planning: modeling how spending, saving, and investment decisions today affect the wealth you leave to heirs.
Pros
- Rigorous Economic Foundation: Built on Nobel Prize-winning economics rather than rules-of-thumb, delivering more accurate and personalized retirement projections than conventional tools.
- Comprehensive Lifetime Roadmap: Covers all major financial dimensions — spending, saving, Social Security, taxes, insurance, and legacy — in a single integrated plan.
- Flexible Service Tiers: Ranges from self-service to certified financial planner support, making it accessible for DIY planners and those who want professional guidance.
- Scenario Modeling: Empowers users to test financial decisions before making them, reducing uncertainty and improving long-term outcomes.
Cons
- Steep Learning Curve: The depth and economic rigor of the platform may feel overwhelming for users seeking a simple budgeting or savings tool.
- US-Centric: Designed primarily around the US tax code, Social Security system, and retirement accounts, limiting its utility for international users.
- Premium Pricing: Costs more than basic personal finance apps; professional service tiers add further expense on top of the base software subscription.
Frequently Asked Questions
What makes MaxiFi different from other retirement planning tools?
MaxiFi uses economics-based algorithms developed by economist Laurence Kotlikoff, which calculate your highest sustainable living standard rather than relying on guesswork or simplistic rules-of-thumb. It provides a complete lifetime plan rather than just projections to a target retirement age.
Who is MaxiFi designed for?
MaxiFi serves households planning for retirement, financial advisors seeking rigorous planning tools for clients, and employers looking to provide financial wellness benefits. There are service tiers for self-directed users as well as those who want certified financial planner support.
What is economics-based financial planning?
Economics-based planning applies Nobel Prize-winning consumption-smoothing principles to personal finance. Instead of guessing how much to save or spend, MaxiFi mathematically determines the optimal path to maximize your lifetime living standard.
Can I model different financial scenarios in MaxiFi?
Yes. MaxiFi lets you test decisions such as retiring early, switching jobs, making large purchases, or changing your investment allocation, and immediately see how each choice impacts your living standard now and in the future.
What service options does MaxiFi offer beyond the software?
MaxiFi offers three service tiers: Flight Check (guided onboarding with an expert), Co-Pilot (ongoing planning support with a certified financial planner), and Concierge Service (personalized, hands-on expert assistance for your full financial plan).
