ProjectionLab vs T. Rowe Price Retirement Income Calculator
ProjectionLab
projectionlab.comT. Rowe Price Retirement Income Calculator
troweprice.comSide by side
| Figure | ProjectionLab | T. Rowe Price Retirement Income Calculator |
|---|---|---|
| Price from | $10.75/mo | — |
| Free plan | Yes | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | — |
| Android | Yes | — |
| API | Yes | — |
| Plans published | 6 | 0 |
| Spec score · Retirement Planning Software | 9.0 (#3) | 6.7 (#26) |
| Founded | 2021 | 1937 |
| Intended audience | The Basic and Premium plans are for personal financial planning, while Pro is described as software for financial advisors and coaches and includes client management tools. | The tool is presented as a way for people to evaluate their retirement readiness and explore changes to their savings strategy. |
| Purpose | ProjectionLab simulates personal financial and retirement scenarios to help users plan their financial future. | The calculator estimates where users stand for retirement and suggests potential actions to prepare. |
| Security | 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. | T. Rowe Price says it uses SSL/TLS encryption, multifactor authentication, logging, and access controls to help protect online communications and information. |
Plans
ProjectionLab
- BasicFree
- BasicFree
- Premium$129 a year
- Premium$129 a year
- Pro$549 a year
- Pro$549 a year
T. Rowe Price Retirement Income Calculator
No plans published.
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.
T. Rowe Price Retirement Income Calculator
T. Rowe Price Retirement Income Calculator has no write-up on Specifiction yet; its figures are above.