Moneysmart Retirement Planner vs Retireator
Moneysmart Retirement Planner
moneysmart.gov.auRetireator
retireator.orgSide by side
| Figure | Moneysmart Retirement Planner | Retireator |
|---|---|---|
| Price from | Free | Free |
| Free plan | Yes | Yes |
| Free trial | — | — |
| Open source | — | Yes |
| Web | Yes | Yes |
| Windows | — | Yes |
| Plans published | 1 | 2 |
| Spec score · Retirement Planning Software | 7.4 (#21) | 8.3 (#7) |
| Purpose | The planner estimates retirement income, helps users check progress toward retirement goals and helps create a retirement plan. | Retireator is a retirement simulator focused on short- and medium-term financial planning. |
| Support | Moneysmart does not have a call centre and directs users to its page feedback form for comments or complaints. | The site provides a contact form requiring a name and email address for messages. |
Plans
In their own words
Moneysmart Retirement Planner
Moneysmart Retirement Planner has no write-up on Specifiction yet; its figures are above.
Retireator
Retireator is a free, open-source retirement simulator written in Microsoft Excel for short- and medium-term financial planning. Users can build and test drawdown strategies across years using different income sources. It projects income and savings growth, supports withdrawal planning and scenario analysis, and models Social Security benefits and federal and state income taxes. Social Security calculations include spousal and survivor benefits, early-retirement reductions, and delayed-retirement credits. Other modeled factors include wage and consumer price inflation, stocks and bonds, past and future market conditions, employment and passive income, defined benefit pensions, debt, and net worth. Portfolio features cover target date funds and 401(k), 403(b), and IRA accounts. Housing tools include mortgage payment and amortization calculations, reverse mortgages, and scheduled one-time expenses. The listed annuity types include immediate, deferred, fixed, variable, indexed, and joint and survivor options. Tax calculations also cover payroll, self-employment, and long-term capital gains. Retireator is available on the web and Windows; account synchronization is not included.