ProjectionLab vs RetireePlan

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.

RetireePlan is a free, self-hosted retirement planning app built for Canadians to model finances, compare scenarios, and examine tax outcomes. Its deterministic engine projects income, expenses, account growth, withdrawals, and taxes year by year; Monte Carlo runs use 1,000 trials and can apply normal, log-normal, or historical-bootstrap returns. Canadian tax modeling covers federal and provincial brackets, CPP/QPP, EI, OAS/GIS clawback, pension splitting, and RRIF minimums. A rule-based engine ranks recommendations and assigns dollar values, including possible RRSP meltdown opportunities, OAS clawback avoidance, and TFSA use. Users can model rental properties, principal-residence exemptions, probate, and beneficiary designations, and compare named scenarios. RetireePlan can import YNAB categories and transactions, and its context-aware AI assistant can use local Ollama or GitHub Copilot. It runs on the web or through desktop installers for macOS, Windows, and Linux; Docker containers support self-hosting. Reports export to multi-scenario PDF or annual CSV. The maker says users can run it on their own hardware without sharing data. It is a modeling tool, not financial advice, and tax figures are illustrative.