If you are concerned about Social Security benefits being cut in some future year, perhaps due to legislation or other reasons, you can see the impact easily in MaxiFi.


  1. Create a new alternative profile
  2. In the new profile go to Settings & Assumptions > Social Security and Medicare
  3. In the Social Security Benefit Change panel, enter the year you think such a change might occur, and the change percent. If you think benefits might be cut by 20%, enter that as a negative number: -20%.
  4. Run a comparison report with the Base Profile to see how your discretionary spending is impacted

You can of course enter a positive percentage if you are an optimistic person and think benefits might be increased in the future.

Note that the percentage you enter is independent of Cost of Living Adjustments (COLAs) made by the Social Security Administration. MaxiFi handles COLAs separately.