Moneysmart Retirement Planner vs ProjectionLab
Moneysmart Retirement Planner
moneysmart.gov.au
ProjectionLab
projectionlab.comSide by side
| Figure | Moneysmart Retirement Planner | ProjectionLab |
|---|---|---|
| Price from | Free | $10.75/mo |
| Free plan | Yes | Yes |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| API | — | Yes |
| Plans published | 1 | 6 |
| Spec score · Retirement Planning Software | 7.4 (#21) | 9.0 (#3) |
| Integrations | The planner can estimate Centrelink entitlement, but the page does not describe an account connection or data integration. | Direct financial-account linking is not supported; plugins can sync Lunch Money, YNAB and Monarch Money data or run custom automations. |
| Privacy | Moneysmart says it complies with the Australian Privacy Principles in the Privacy Act 1988 and follows federal government website guidelines. | ProjectionLab says it does not sell planning data or use it for third-party advertising and lets users export or delete their data. |
| Purpose | The planner estimates retirement income, helps users check progress toward retirement goals and helps create a retirement plan. | ProjectionLab simulates personal financial and retirement scenarios to help users plan their financial future. |
| Security | Moneysmart says its website uses firewalls, security patches, regular security testing and data encryption, and complies with the Australian Government Protective Security Policy Framework and Information Security Manual. | The maker states that data is encrypted in transit with HTTPS/TLS and at rest with AES-256, and that it uses multifactor authentication and SOC 2 aligned controls. |
| Support | Moneysmart does not have a call centre and directs users to its page feedback form for comments or complaints. | Support is available by email, through the Discord community, and via bookable educational 1-on-1 sessions. |
Plans
ProjectionLab
- BasicFree
- BasicFree
- Premium$129 a year
- Premium$129 a year
- Pro$549 a year
- Pro$549 a year
In their own words
Moneysmart Retirement Planner
Moneysmart Retirement Planner has no write-up on Specifiction yet; its figures are above.
ProjectionLab
ProjectionLab simulates personal financial and retirement scenarios to help users plan for different possible futures. Users can model life milestones, cash flow, estimated taxes, investment strategies, account types, withdrawals and estate outcomes. Monte Carlo simulations and historical backtesting let users explore potential outcomes. The free Basic plan includes forecasting, financial planning, simulations and backtesting. Premium adds tax optimization, Roth conversions, ACA subsidies, capital gains harvesting, international planning and advanced analytics, and costs $129 a year. Pro costs $549 a year and is aimed at financial advisors and coaches, with client management tools and 10 client seats. ProjectionLab does not directly link financial accounts, so users can make plans without supplying account numbers or connecting bank or brokerage accounts. The web app can be installed on mobile devices as a Progressive Web App; the maker says it has no formal mobile app. Support is available by email, Discord and bookable educational sessions.