MaxiFi vs Retirement Budget Calculator
MaxiFi
maxifi.com
Retirement Budget Calculator
retirementbudgetcalculator.comSide by side
| Figure | MaxiFi | Retirement Budget Calculator |
|---|---|---|
| Price from | $12.42/mo | $7.92/mo |
| Free plan | — | Yes |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| Windows | Yes | — |
| macOS | Yes | — |
| Linux | Yes | — |
| iOS | Yes | — |
| Android | Yes | — |
| Plans published | 2 | 12 |
| Spec score · Retirement Planning Software | 9.0 (#2) | 8.5 (#6) |
| Company headquarters | LinkedIn lists Economic Security Planning, Inc. in Providence, Rhode Island. | Parker Financial’s published address is 9230 Bay Shore Drive NW #201, Silverdale, Washington 98383. |
| Company history | Founder Laurence Kotlikoff says he founded Economic Security Planning, Inc. in 1993 to provide economics-based life-cycle financial planning. | Jason Parker’s podcast transcript says the software officially launched in May 2017 after evolving from his spreadsheet. |
| Purpose | MaxiFi creates a lifetime financial plan and calculates sustainable annual spending based on income, assets, taxes, Social Security, and other inputs. | The calculator helps estimate retirement budgets, life expectancy, net worth, taxes, withdrawal strategies, Roth conversions, and whether someone can retire. |
| Security | The company says customer data is encrypted at rest with AES-256 and web traffic uses TLS 1.2 or 1.3; it also requires two-factor authentication for customer logins. | The privacy policy says the company maintains security measures but cannot guarantee information will remain free from unauthorized access, use, disclosure, or alteration. |
| Support | Support is provided through online tickets, with listed contact hours Monday through Friday, 8 a.m. to 8 p.m. Eastern; phone support is not included in the purchase price. | Support is offered through the Contact Us page and [email protected]; premium subscribers also receive community-portal access. |
| What it does | MaxiFi builds economics-based lifetime financial plans that calculate affordable spending from income, assets, taxes, Social Security and other household data. | The service estimates retirement budgets, life expectancy, net worth, taxes, withdrawal approaches, Roth conversions and retirement readiness. |
Plans
Retirement Budget Calculator
- Free PlanFree
- Free Plan (lifetime)Free
- Premium Plan$9.95 a month
- Premium Plan (monthly)$9.95 a month
- Premium Plan$95 a year
- Premium Plan (yearly)$95 a year
- Premium Plan$195, paid once
- Premium Plan (lifetime)$195, paid once
- Free Plan (monthly)Price not published
- Free Plan (yearly)Price not published
In their own words
MaxiFi
MaxiFi builds a lifetime financial plan and estimates sustainable annual spending using income, assets, taxes, Social Security and other inputs. You can revise the plan to compare choices such as changing jobs, buying a home or retiring early. It models federal, state, FICA and IRMAA taxes, Social Security benefits and Medicare Part B premiums. Paid optimizers cover Roth conversions, Social Security filing and retirement withdrawals. Living Standard Monte Carlo compares how investment strategies and spending behavior affect discretionary spending; the software also estimates life insurance needs using contingency plans. Annual reports can be exported as PDF or Excel files, and plans can be shared with an advisor who has a MaxiFi PRO subscription. MaxiFi is available on Android, iOS, Linux, macOS, web and Windows. It offers a 14-day trial with limited features and comparison of three alternate scenarios. The Unlocked plan is listed at $149 a year. Support is through online tickets; phone support is not included.
Retirement Budget Calculator
Retirement Budget Calculator is a web tool for estimating retirement budgets, cash flow, taxes, withdrawal strategies, Roth conversions, life expectancy, and net worth. Users can model retirement needs, compare scenarios and withdrawal approaches, and build a cash flow plan. Its free feature list includes a dashboard, retirement timeline, asset and liability tracking, and budgeting. Premium features include an advanced dashboard, retirement optimizer, federal 1040 tax estimator, AI assistant Finn, and community access. The Social Security Maximizer estimates suggested claiming dates, personal and spousal benefits, lifetime benefits and taxes, and end-of-life liquid assets. The site describes the calculator as designed for people age 55 and older preparing to retire. However, it is no longer available to new users; access is reserved for individuals and families working directly with Parker Financial LLC, while existing users can continue using accounts for now. Listed premium prices are $9.95 a month, $95 a year, and 195.00 USD for lifetime access. The privacy policy says AI chatbot interactions may be monitored and should not be considered private or confidential.