Basics

How are inflation rate and nominal rate of return determined and used in MaxiFi?
To learn more about how we determine safe inflation and return rates, see Inflation and Rate of Return Data (includes spreadsheet data). Taxes, Social S...
Sun, 23 Jan, 2022 at 9:07 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
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...
Sun, 21 Mar, 2021 at 4:18 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
Progress Tracker
An introduction to using Progress Tracker to track annual income and spending. The MaxiFi progress tracker is a tool that helps you track the current-ye...
Thu, 9 Jul, 2020 at 7:57 AM
(TCJA) Tax Cut Jobs Act: What is deduction after 2025?
If you are assuming the current law, then many, but not all, of the provisions of the TCJA revert to back prior tax laws. Specifically, the deduction is the...
Mon, 29 Jun, 2020 at 5:24 PM