Income, Spending & Lifestyle Choices

Does Pre-Paying Your Mortgage Beat Contributing to Your 401(k)?

Alex and Justin would love to own a more expensive home but they want to be sure it’s something they can truly afford before making an offer.

How Much House Can We Afford?

Alex and Justin would love to own a more expensive home but they want to be sure it’s something they can truly afford before making an offer.

Consumption Smoothing: Economics-Based Financial Planning

MaxiFi's economics approach to financial planning helps a couple understand how much they can afford to spend each year

Should We Downsize?

John and Vanessa recently retired and are taking another look at their finances. They realize, given prevailing low interest rates, that their lifetime of saving matters to their ongoing spending capacity.

Which Spouse Should Work?

A young couple considers whether they can afford having the husband stay at home to care for their child.

How Aggressively Should We Spend If We’re Investing at Risk?

A couple have a major decision, which will influence their investment risk. They need to decide how aggressively to spend through time.

How Should We Invest Our Savings?

A couple discovers important information about asset allocation, risk analysis, and a new concept, expected lifetime utility maximization.