FI Calc vs Moneysmart Retirement Planner
FI Calc
ficalc.app
Moneysmart Retirement Planner
moneysmart.gov.auSide by side
| Figure | FI Calc | Moneysmart Retirement Planner |
|---|---|---|
| Price from | Free | Free |
| Free plan | Yes | Yes |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| Plans published | 1 | 1 |
| Spec score · Retirement Planning Software | 7.8 (#11) | 7.4 (#21) |
| Integrations | The maker describes CSV export for further analysis in a spreadsheet application of the user's choice. | The planner can estimate Centrelink entitlement, but the page does not describe an account connection or data integration. |
| Privacy | Calculator inputs are processed in the browser, and saved or shared calculations are encoded in URLs that may be received by the hosting provider, site services, and link recipients. | Moneysmart says it complies with the Australian Privacy Principles in the Privacy Act 1988 and follows federal government website guidelines. |
| Purpose | FI Calc uses historical data to evaluate retirement plans and withdrawal strategies. | The planner estimates retirement income, helps users check progress toward retirement goals and helps create a retirement plan. |
| Support | The maker invites users to contact them by email at [email protected] or on X at @ficalc. | Moneysmart does not have a call centre and directs users to its page feedback form for comments or complaints. |
Plans
In their own words
FI Calc
FI Calc is a free web calculator for evaluating retirement plans and withdrawal strategies with historical market data. It runs simulations from annual figures covering 1871 through 2024, compiled from Robert Shiller’s data set, while warning that historical results do not guarantee future performance. Users can model equities, bonds and cash, set rebalancing and changing allocations, and add wages, Social Security or extra withdrawals for future expenses. The calculator provides income projection, savings growth projection, withdrawal planning, Social Security modeling and scenario analysis. Simulations can be exported as CSV files for spreadsheet analysis. Inputs are processed in the browser; saved or shared calculations are encoded in URLs that may reach the hosting provider, services and recipients. Google Analytics may receive page URLs containing saved inputs. FI Calc does not automatically model taxes or required minimum distributions and currently has no Monte Carlo simulations. The free plan costs nothing.
Moneysmart Retirement Planner
Moneysmart Retirement Planner has no write-up on Specifiction yet; its figures are above.