I've used MaxiFi for the past two years and it is different from your normal calculators. It doesn't ask you what your budget is. It asks for your assets, SS income, and your fixed expenses (housing mainly). Then it tells you how much "discretionary" income you would have left over to live on until age X and tries to make it so that it will be smooth. What I like about it is that you enter all your assets and SS once, and then you can clone multiple plans and play what ifs. They also have regular live webinars where you can ask questions and they answer them on the spot, so look for those and ask questions. Their assumptions are very conservative, but everything can be tweaked.
I signed up for Projection Lab this past summer and that is probably my favorite calculator although I did make the assumptions more conservative. They have a Discord channel for tech support and user support.
I signed up for Projection Lab this past summer and that is probably my favorite calculator although I did make the assumptions more conservative. They have a Discord channel for tech support and user support.
Statistics: Posted by PaddyMac — Tue Dec 12, 2023 11:18 pm — Replies 5 — Views 301