MyPlan vs ProjectionLab
MyPlan
myplanapp.app
ProjectionLab
projectionlab.comSide by side
| Figure | MyPlan | 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 | 2 | 6 |
| Spec score · Financial Planning Software | 8.1 (#16) | 8.8 (#7) |
| Estate planning | Estate tools organize beneficiaries, asset distributions, and legal documents. | The product can model net legacy and estimate estate taxes and costs. |
| Purpose | MyPlan is a financial-planning platform for individuals and advisors in the SADC region. | ProjectionLab simulates personal financial and retirement scenarios to help users plan their financial future. |
| Security | MyPlan states that data is encrypted at rest and in transit and protected by row-level security and JWT-validated sessions. | 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. |
| Security controls | MyPlan states that data is encrypted in transit and at rest, protected by row-level security, and accessed through JWT-validated sessions. | The service supports email or Google sign-in, TOTP or SMS multi-factor authentication, database-level account isolation and least-privilege administrative access. |
Plans
ProjectionLab
- BasicFree
- BasicFree
- Premium$129 a year
- Premium$129 a year
- Pro$549 a year
- Pro$549 a year
In their own words
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.