Basics

How are inflation rate and nominal rate of return on Regular Assets used and how did you choose the default values?
Taxes, Social Security benefits, the real (inflation-adjusted) cost of your mortgage payments and many other variables depend on future inflation. Hence, un...
Thu, 31 Dec, 2020 at 10:12 AM
Account for Non-Depreciable Property in Real Estate
Only enter depreciable property (e.g. buildings) into the MaxiFi Real Estate screen. Handle non-depreciable property (e.g. land) as special expense at the t...
Mon, 28 Sep, 2020 at 5:49 PM
Why does the maximum age of life default to 100?
You can't count on dying on time -- at your life expectancy. Your life expectancy is the number of more years you will live, on average. But essentiall...
Thu, 18 Jun, 2020 at 10:18 AM
How to import past covered earnings
Make sure to follow these steps exactly: Go to the Social Security Administration website and create an account if you don't already have one Log ...
Thu, 18 Jun, 2020 at 11:34 AM
First-Year Accounting for Assets
All of the reports are presented in current year real dollars and show end-of-year balances. Every model assumes three important variables: prior end-of-...
Fri, 11 Sep, 2020 at 5:14 AM
Cares Act
We are not planning to incorporate CARES Act rules in MaxiFi since they are optional or require more information than is currently in MaxiFi and users can e...
Thu, 25 Jun, 2020 at 7:53 AM
Maximum Indebetedness
If you enter a dollar amount in this field, the program (not you) will determine what years the borrowing occurs and to what extent or how much debt you tak...
Mon, 6 Jul, 2020 at 10:05 AM
Depreciation on Real Estate and Land
For land assets you should user Special Expenditures and Receipts since land is not depreciable. For detailed help with examples of how to account for non-d...
Mon, 28 Sep, 2020 at 5:34 PM
Pension Rollover vs Lump Sum
Using the Lump Sum option when creating a pension will create taxable income. That's one option for those with pension options. But creating a rollove...
Wed, 23 Dec, 2020 at 3:21 PM
Using Social Security Maximization
To discover the optimal Social Security benefit collection strategy with the highest lifetime present value, go to the Profile Dashboard and run a Maximizat...
Thu, 25 Jun, 2020 at 8:49 AM