Overview

ProjectionLab is a personal finance and retirement planner for building and comparing long-range scenarios. It suits people who want control over their assumptions and do not need automatic bank feeds. Its modeling reaches well beyond a basic retirement calculator, but keeping the plan current means working without direct financial-account connections.

Key features

Users can model milestones, cash flow, estimated taxes, investment strategies, account types, withdrawals and estate outcomes. Monte Carlo simulations and historical backtesting provide different ways to consider uncertainty and past market conditions; they are useful for comparing possible paths, not promises about results. Detailed tax modeling, income and savings projections, withdrawal planning and Social Security modeling make it possible to examine several consequential parts of a retirement plan in one place.

Premium adds tax optimization, Roth conversions, ACA subsidies, tax estimation, capital gains harvesting and advanced analytics. International tax presets and account types include examples for Canada, the United Kingdom, Australia, Germany and the Netherlands, a practical advantage for cross-border planning. Plugins from third parties can sync Lunch Money and YNAB, import Monarch Money data or support custom automations. These options do not change the central limitation: ProjectionLab has no direct account synchronization, so users should expect to provide or update their own planning inputs.

Planning does not require account numbers or bank and brokerage connections. The maker says data is encrypted in transit with HTTPS/TLS and at rest with AES-256, and cites multifactor authentication and SOC 2 aligned controls. It also says it does not sell user data or share planning data for advertising or marketing, and that users can export or delete their data. Support is available by email, in the Discord community and through bookable educational one-on-one sessions.

Pricing

ProjectionLab is freemium, with a 7-day trial and three annual plans. Basic costs 0.00 USD per year (billed $0 / year) and includes forecasting, financial planning, Monte Carlo simulations, historical backtesting and flexible modeling. It is a sensible starting point for individuals who want to build scenarios without paying, but it omits the expanded planning tools and support in Premium.

Premium costs 129.00 USD per year (billed $129 / year). It includes everything in Basic plus cash-flow projections, tax optimization, withdrawal strategies, estate planning, multiple plans, advanced analytics, international planning, flexible spending and premium support. This is the relevant tier for individuals who need those tools, particularly tax or international modeling; the annual price is the trade-off for that broader scope.

Pro costs 549.00 USD per year (billed $549/ year) and includes everything in Premium, 10 client seats and a directory listing. Additional clients cost $2/month. It is aimed at financial advisors and coaches using client management tools, rather than individuals who only need a personal plan.

Platforms

ProjectionLab supports web use and access on Android and iOS through an installable Progressive Web App, not a formal mobile app. That can make a plan accessible on a phone, but users seeking a native mobile application should look elsewhere. The platform facts also include an API. ProjectionLab is a web app, and its lack of direct account linking means broad device access does not remove the need to manage financial inputs.

Who it's for

ProjectionLab is strongest for individuals who want to compare retirement and financial scenarios in detail, including taxes, withdrawals and estate outcomes, while retaining control of their financial data. Premium is the better fit for people who need its expanded tax, international or multi-plan tools. Advisors and coaches should consider Pro for its client seats and management tools. It is a weaker choice for anyone who expects automatic account syncing or a formal mobile app.

Pros and cons

Broad scenario modeling: Milestones, taxes, investment strategies, withdrawals and estate outcomes can be considered together, with simulations and backtesting to compare possibilities.
Privacy without account connections: Users can plan without providing account numbers or linking bank or brokerage accounts, and the maker describes encryption, multifactor authentication and data export and deletion controls.
Useful higher-tier planning tools: Premium adds detailed tax features and international presets, while Pro provides a client-oriented tier for advisors and coaches.
Manual upkeep: No direct account synchronization means users must supply and maintain their planning inputs; third-party plugins are not native account connections.
No formal mobile app: Phone access relies on an installable web app, which will not suit users who require a native app.

Alternatives

Boldin is worth considering for a free starting tier that includes 100+ inputs, two interactive explorers, 10+ charts and up to five Boldin AI questions per day; ProjectionLab's Basic instead emphasizes flexible modeling, simulations and backtesting.

MaxiFi may suit users who want a paid product with a free 14-day trial, a detailed lifetime plan, comparison of three alternate scenarios, customer support and orientation.

Flexible Retirement Planner is an option for free individual non-commercial use, including educational use by educators and trainers.

RetireePlan is a free, open-source option.

Retirement Budget Calculator is an alternative for readers looking for a free lifetime tier for basic retirement budgeting and asset tracking, with a paid monthly tier also available.

Retireator is a free, open-source retirement simulator.

Fidelity Planning & Guidance Center is a free plan-generation option, though investment expenses and account transaction fees may still apply.

FIRECalc is a free core retirement calculator; supporter registration can provide some additional features on request.

Browse Retirement Planning Software or Financial Planning Software for more options.

Verdict

Choose ProjectionLab if you want detailed, flexible financial and retirement scenario modeling without connecting your accounts, especially if Premium's tax and international tools match your needs. The main reason to look elsewhere is its manual-input workflow: users who rely on automatic account syncing, or who require a formal mobile app, will be better served by another product.

	MyOwnFP	ProjectionLab
Free plan	Yes	Yes
Free trial	No	Yes
Paid from	$3.33/mo	$10.75/mo
Open source	No	No
Platforms	Web	Android, api, iOS, Web
Free plan	Yes	Yes
Cash-flow modeling	Yes	—
Tax planning	Yes	—
Scenario analysis	Yes	Yes
Investment planning	Yes	—
Client portal	Yes	—

MyOwnFP vs ProjectionLab

MyOwnFP

ProjectionLab