MaxiFi Planner is a personal finance app created by Economic Security Planning, Inc. Maximize My Social Security is a tool developed exclusively by Economic Security Planning, Inc. Maximize My Social Security software is available online. In addition to estimating those benefits, two commercial calculators will optimize your Social … In short, if you don't want a comprehensive financial plan but just want to know your optimized Social Security filing strategy, MMSS may be all you need. Bipartisan Budget Act of 2015, Guidance on Deeming Rules, Tax Cuts and Jobs Act of 2017, "I love this program and would not have known about spousal benefits for spouses with young children without it. . This is not a Social Security Administration website. They respond quickly to inquiries. The founder and president of Economic Security Planning is Laurence Kotlikoff. Is it possible that MaxiFi could recommend a different Social Security claiming strategy than Maximize My Social Security given that MaxiFi is looking at all financial variables and Maximize My Social Security is only looking at maximum lifetime benefits? Customer Support. We don't save or store the credit card number you use for purchase. This means that investors can create a comprehensive financial plan using advanced statistical analysis. It suggests Social … If I close my comp case will social security lower my payments. Maximize My Social Security is a tool developed exclusively by Economic Security Planning, Inc. Re: Maximize My Social Security (MMSS) I ran six MMSS What-Ifs where I changed just one input: Maximum Age (85,86,87,88,89,90). Together this would equal $47,100 annually or a total of $188,400 by the time we reach age 70. You and your wife may want to try — Maximize My Social Security or MaxiFi Planner — to help you decide whether or not to voluntarily suspend your benefits when you reach FRA. See more Ask Larry answers here. Just curious if anyone has tested this. Consulting services … Importing Social Security History. Jul 6, 2018 - This Pin was discovered by cameron. Permalink. Log in to post comments; dan royer. Social Security has hundreds of thousands of rules, which are incredibly complex. Why does the software show one spouse claiming before their FRA and suspending soon after? In so doing, MaxiFi eliminates the guesswork in planning your retirement finances. No. Maximize my Social Security. Features include: web-based platform, side-by-side comparison of chosen and optimal strategy, one-year license. For renewing customers with existing accounts, access is granted through the existing account. Your team feels like friends! … Based on my understanding of Spousal benefits my wife would receive $1,308/month. Our software and services do not include … If we were to defer receiving benefits until we reach age 70 our annual … Second, MaxiFi determines, on its own, how to safely raise your living standard to its highest possible value. Will I Still Get Social Security Delayed Retirement … It costs $40 for an annual household license as of 2020. The Professional version of MMSS provides two reports that are not found in MaxiFi Planner: a Longevity report allowing side-by-side comparison of different maximum ages and an Alternate Plans report that allows you to compare three different what-if scenarios side-by-side. MaxiFi, Maximize My Social Security, and Analyze My Divorce Settlement are available online through their respective websites. Have Social Security questions of your own you’d like answered? MMSS returned the same filing date (01/2023) for maximum ages 86 & 87 and . Do you account for lost earnings on investments I sell to allow me to delay filing for benefits? They don’t go beyond that to compute when you should claim, to maximize benefits. Larry Kotlikoff is a Professor of Economics at Boston University and […] Any suggestions should be viewed as informative inputs into your own decision-making with respect to saving and the purchase of life insurance. CODES (1 days ago) MaxiFi Planner is a personal finance app created by Economic Security Planning, Inc. Maximize My Social Security; MaxiFi Planner; Analyze My Divorce Settlement; ESPlanner; ESPlanner Basic; ESPlanner Basic Canada; Economic Security Planning, Inc. (this site) Important Notes: We try to minimize data collection and offer you ways to opt out of automated data collection or marketing. Maximize My Social Security helps you decide when and how to collect retiree, spousal, survivor, divorcee, parent, and child benefits to achieve the highest lifetime benefits. Maximize My Social Security is a separate, stand-alone program that searches over thousands of benefit collection date options to find the one that produces the highest present value of lifetime earnings. MaxiFi Planner does not "estimate" future Social Security benefits: it calculates them. Check ticket status. Or will my payments with ss d stay the same? Our ESPlanner products let you enter you own selection dates, but they don't internally calculate which dates are best. Why? Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which markets Maximize My Social Security and MaxiFi Planner. CODES (5 days ago) (7 days ago) The Maximized Plan in MaxiFi Planner includes the exact same accurate and comprehensive Social Security optimization we have in our Maximize My Social Security (MMSS) tool. ", "I love the detailed yet succinct reports that the program provides for me to present to my clients. New customers will need to set up an account to access the software. You'll need to check with Social … You can get the best discount of up to 80% off. MaxiFi Walkthrough. Both programs allow you to see the total lifetime maximized benefits compared to the "what-if" lifetime benefits of Social Security filing dates you specify. This review is focused solely on the Maximize My Social Security app. See more Ask Larry answers here. If you have an active subscription to Maximize My Social Security (MMSS), you can copy family data from Maximize My Social Security to MaxiFi. And it also folds in all the major rules involved.Essentially, the software lets you put your earnings history into the system, and … MaxiFi Planner offers the additional context of a full, lifetime financial plan so you can see, and adjust, the real impact on your lifetime living standard. Economic Security Planning, Inc. Today’s column addresses questions about how income earned after filing can increase benefit rates, working and the earnings test while collecting a widow’s benefit and whether and how benefits can increase at FRA after withholdings due to the earnings test. Discover (and save!) It costs $40 for an annual household license as of 2020. MaxiFi Planner and its derivative products are simply tools for helping you think through your economic futures. Make sure you have your personal information at your fingertips when you first use this one. The customer service is excellent. Only the Social Security Administration can tell an individual precisely the benefits to which such individual will be eligible. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which markets Maximize My Social Security and MaxiFi Planner. MaxiFi Planner does not "estimate" future Social Security benefits: it calculates them. Best Coupon Maximize My Social Security Codes Newnest 2020. Only legal, accounting, financial, and other professionals can provide such advice. If you want a comprehensive financial plan with Social Security (and other) optimizations, then MaxiFi Planner may be all you need. MaxiFi Planner offers the additional context of a full, lifetime financial plan so you can see, and adjust, the real impact on your lifetime living standard. Making these decisions on your own is virtually impossible. ", "I really, really like MAXIMIZE MY SOCIAL SECURITY as I was trying to do all of these calculations with a spreadsheet before I found you last year! Economics, University of Pennsylvania Ph.D. Economics, Harvard University William Fairfield Warren Professor of Economics, Boston UniversityNew York Times Bestselling Author. . Web-based software. To run your base plan, … Just curious if anyone has tested this. Find the best strategy to maximize lifetime benefits. Help us improve this article with your feedback. In contrast, conventional financial planning asks you to set a goal for annual retirement spending. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which markets Maximize My Social Security and MaxiFi Planner. My wife is not eligible, on her own, for Social Security benefits. Simply follow the instructions in the email you'll receive shortly after purchase. If you have an active subscription to Maximize My Social Security (MMSS), you can copy family data from Maximize My Soc... Fri, 25 Sep, 2020 at 10:10 AM. No, I don't believe that. MaxiFi Planner and the creators of MaxiFi Planner and any derivative products are not certified, registered, authorized, or any … It takes into account the widest variety of household configurations. MaxiFi Planner offers the additional context of a full, lifetime financial plan so you can see, and adjust, the real impact on your lifetime living standard. For example, if postponing Social Security to maximize benefits means you will be short on income until Social Security kicks in at age 70, you can use MaxiFi Planner to create a comprehensive financial plan that will help "smooth" this living standard through the shortfall. Making the right decisions can increase your Social Security benefits by tens to hundreds of thousands of dollars. Because Social Security is incredibly complex. In so doing, MaxiFi eliminates the guesswork in planning your retirement finances. MMSS returned the same filing date (05/2025) for maximum ages 89 & 90. Will My Recent Income Increase My Social Security … MaxiFi Planner offers the additional context of a full, lifetime financial plan so you can see, and adjust, the real impact on your lifetime living standard. Did you find it helpful? 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