MaxiFi Planner is Economic Security Planner's next generation software built on the famed ESPlanner platform. Here's what the press has to say about our software.


New York Times
Countdown to Retirement: A Five-Year Plan

This article reviews MaxiFi, focusing on its ability to compare an unlimited number of alternative financial plans.

New York Times
When a Mortgage Is Part of Your Retirement Plan

This article discussing whether eliminating mortgage debt makes sense.

The New York Times
Answers to Your Questions on When to Start Collecting Social Security

... many researchers say reversing the order — living on retirement savings in the early years and holding off on collecting benefits — is likely to increase monthly income over a lifetime.

This Economist Says Most Retirement Planning Is Wrong.

Economist Laurence Kotlikoff thinks that most financial planners go about it wrong. Rather than helping clients amass wealth for a retirement-income target, the Boston University professor says the emphasis should be on smoothing and protecting spending throughout a person’s life and then saving toward that goal.

Financial Planning Tools

If you demand the deepest and most powerful financial planning engine, look no further.

Here’s what a Biden presidential win may mean for your Social Security benefits

Democratic presidential nominee Joe Biden’s plan for Social Security includes increased benefits for low earners and more taxes for high-income individuals.

14 Best Money Management Programs

MaxiFi will also make suggestions to help improve your money plan. These changes are intended to lower your tax bill, optimize your income and help correct your current spending habits.

Bloomberg Businessweek
Reverse Mortgages Aren’t Just for People Who Are Out of Money

One recent convert is Laurence Kotlikoff, an economics professor at Boston University who’s an expert on retirement planning.

My Preferred Planning Software is MaxiFi

I rarely promote products at my blog but I know that many of my readers are do-it-yourselfers and many have expressed interest in software tools. I have a lot of confidence in MaxiFi.

Why Larry Kotlikoff Changed His Mind on Reverse Mortgages

But others liken it to an annuity that provides free rent long after the house is paid off. This group includes economist Larry Kotlikoff, who was a guest on a recent webinar discussing reverse mortgages.

Senior Finance Advisor
Exploring Financial Software: MaxiFi Planner

MaxiFi Planner is designed to help individuals and families make smarter, more accurate financial decisions. It’s a web-based app with an easy-to-use interface.

The next big question you need to answer after you decide to retire

A recent analysis from MaxiFi, a personal financial planning platform, found that the more assets a retiree couple has, the more their discretionary spending will increase in retirement by downsizing their home.


Maxifi Planner is a powerful budgeting platform with future-thinking analysis tools you’d usually only get with a financial planner.

Rethink the Order of Your Retirement Account Drawdowns

Roth conversions make sense for retirees who have enough after-tax money to pay the taxes on the funds being converted. Otherwise, retirees have to pull even more money from their tax-deferred account to cover taxes.

Ignoring This Conventional Advice Could Save You on Taxes in Retirement

The analysis found that the retiree could boost his lifetime retirement income by $25,000 by tapping the tax-deferred account earlier.

Questions on Roth IRA Conversions and Taxes in Retirement, Answered

We dug into readers’ questions on Roth IRA conversions and other maneuvers to reduce your taxes in retirement.

How Social Security Pushes Poor Claiming Choices

The Social Security Administration is misleading and mistreating Americans by “running scams” and “tricking them” into making claiming choices that cheat them out of benefits to which they’re entitled, argues Laurence Kotlikoff, Boston University economics professor, in an interview with ThinkAdvisor.

MaxiFi Planner Review

The software is easy to use and provides amazingly detailed financial recommendations which are supported by advanced Monte Carlo analysis. MaxiFi Planner is an outstanding resource for regular investors as well as for professional investors with a large financial planning practice.

Why You Should Wait to Claim Social Security — Even If Stocks Crash

Should I sell stocks or wait for the market to recover? Should I tap into my retirement funds now? What should I do about Social Security?

Life Cycle Economics and the Safety First Strategy

Life-cycle economics can provide guidelines for far more than retirement finance questions.

Holistic Planner for Your Financial Future

Sure, there's plenty of financial software out there that can help you establish a budget, save money for your kids' education and even live out your dream retirement. But can these apps help you calculate your highest sustainable living standard? MaxiFi Planner takes on the role of a financial planner to help you live your best life. It takes into account your entire financial picture and calculates what your retirement will look like with several scenarios

Tips for Tapping Your Retirement Savings

Tools do exist for doing it right, but a good adviser can be invaluable.

Software Review

If you have complex situations such as previous marriages, children’s benefits, disability benefits, etc., maybe the paid calculators will give you something different.

This economist thinks the US is poised for financial disaster

Professor Kotlikoff's Economic Security Plannings Inc.'s tools include MaxiFi, which works to analyze your spending, saving and insurance to make sure they match your lifestyle and level of wealth. It also looks at other ways to increase the money you take in through Social Security, annuities or retirement savings.

Going it Alone with Retirement Planning Software

The best and most comprehensive retirement planning software . . . is Laurence Kotlikoff's

Exploring Financial Software: MaxiFi Planner

The difference between MaxiFi Planner compared to other financial planning software is that it plans out your future retirement — it shows you what you can spend and how much you will be able to withdraw from your accounts. ... Figuring out how to maintain your current living standard for the rest of your life is a feature unique to MaxiFi. It prioritizes maintaining your standard of living and creates a plan for you based on that. A comfortable, happy retirement is the ultimate goal for millions of workers, and MaxiFi Planner can help you plan with your highest sustainable standard of living in mind.

The Best Online Tools for Retirement Planning and Living

Planning for retirement? Look no further than your tablet or smartphone.

A growing array of apps and websites make it easier to complete many of the most basic—and most important—tasks, from saving money and creating legal documents to figuring out a second career and where to live.

Social Security Is Dying Because Baby Boomers Aren’t

According to Larry Kotlikoff, four things explain my high returns. Double indexing of benefits in the early 1970s (thank you, Richard Nixon). I delayed claiming benefits until age 70, which I could afford to do but isn’t an option for many people. I will probably live longer than average, due to both genetic factors and maintaining good health (thank you, Shane!).

Financial Planning vs. Chaos

MaxiFi Planner is a simple and elegant solution for financial advisors seeking to advise clients or for unadvised investors looking to optimize their own plan.

The Hidden Risks of Equities When Saving for Retirement

Optimization means getting the most consumption for a given amount of variability, but not eliminating variability.

The Latest In Financial Advisor #FinTech

Though ultimately, the real distinction for financial advisors is not MaxiFi’s cost-effective price point, but its potential to frame the entire financial planning conversation differently—around the long-term impact of a client’s decisions on their long-term sustainable standard of living, instead of “just” their assets.

Best Money Management Programs in 2019

MaxiFi will also make suggestions to help improve your money plan. These changes are intended to lower your tax bill, optimize your income and help correct your current spending habits.

Nobel laureate Richard Thaler thinks you should be able to use your 401(k) to get a bigger Social Security check.

But there is room for a solution, Kotlikoff said. “But it has to be done carefully so Social Security doesn’t lose money,” he said.

IBD life cycle

ESPlanner's [now known as MaxiFI Planner] life-cycle smoothing determines the highest possible living standard you can maintain for the rest of your life.

For a larger Social Security check, tap your IRA first

Delaying your Social Security is one of the best ways to expand your retirement income. Your monthly check from the government will often be three-quarters larger if you claim at 70 instead of at 62, said Laurence Kotlikoff, an economics professor at Boston University and the author of " Get What's Yours: The Secrets to Maxing Out Your Social Security ."

Morningstar Forum
MaxiFi Planner Software--Useful for Novice?

I found Kotlikoff and his software on SS very helpful, and I think I've gotten our 403b's and TIRA/RIRA's in reasonably good order, but they don't total enough to make it clear that we can live and spend as we have been doing when we are no longer earning income. So the the idea of somehow getting a picture of how to support a level of spending seems like it might be a good idea, after a life of not paying attention to finances. And I'm nowhere near being able to work out a spreadsheet on my own that takes all the moving parts into account reasonably.

Laurence Kotlikoff, author

Our President, Laurence Kotlikoff, is a Professor of Economics at Boston University. He founded Economic Security Planning, Inc. in 1993 to build economics-based financial planning tools for use by households and financial professionals. Kotlikoff is a prolific writer whose financial planning columns, including his Ask Larry blog, have appeared in a long list of leading publications. His co-authored book, "Get What's Yours -- The Secrets to Maxing Out Your Social Security Benefits," was a NY Times Best Seller.

Media Resources

For media or speaking inquiries, please use our contact form.

Media downloads:
Company Logo
Photo of President, Laurence Kotlikoff

Getting Started is Easy

  • It’s all online—No software to download or install
  • Runs on Mac, Windows, Linux—all computers, tablets, and smart phones
  • Minimal, user-friendly data entry
  • Helpful, responsive customer support
  • Safe and secure