There are two broad categories of tools. Retirement planners are comprehensive applications that build a full financial plan, model multiple scenarios, run simulations, and save your data over time. Retirement calculators are focused, single-purpose tools that answer one question — a withdrawal rate, a Social Security claiming decision, a required minimum distribution — and generally don’t store data between sessions. Many people use both: calculators to find the right inputs, and a planner to bring them together.

Retirement Planners

Comprehensive tools for asset allocation, tax considerations, cash flow, and multi-decade scenario modeling.

• Boldin (formerly NewRetirement)
• ProjectionLab
• Pralana
• Empower
• MaxiFi Planner
• WealthTrace
• OnTrajectory

Planners Used by Advisors

Professional-grade platforms designed for advisors rather than individuals. You may already have access to one of these through a financial advisor.

• Asset-Map
• eMoney Advisor
• Income Lab
• MoneyGuide
• MoneyTree
• NaviPlan
• Nitrogen (formerly Riskalyze)
• RightCapital
• Holistiplan (tax-focused)

Retirement Calculators

Tools that estimate the likelihood a retirement plan succeeds, based on historical returns, Monte Carlo simulation, or both. (H = historical, MC = Monte Carlo, B = both.)

• 4% Rule Calculator (H)
• FICalc (H)
• Fidelity Retirement Score (H) — on fidelity.com
• FIRECalc (H)
• FIREproof (H)
• Honest Math (MC)
• Portfolio Visualizer (B)
• Rich, Broke or Dead? (H) — on engaging-data.com
• Testfol.io (H)
• Vanguard Retirement Income Calculator — on vanguard.com

Other Planning Tools

Focused tools whose output can feed directly into a retirement planner — claiming strategies, longevity estimates, backtesting, and tax figures.

• Open Social Security — Social Security claiming strategy
• Portfolio Visualizer — backtest an investment portfolio
• Testfol.io — backtest an investment portfolio
• Actuaries Longevity Illustrator — longevity probabilities
• Healthy Life Expectancy Calculator
• RMD Calculator — e.g. the IRS worksheet or a brokerage tool
• Income Tax Calculator for Retirees

These are third-party tools listed for convenience. They are not endorsements, and none replaces personalized advice. If you’d like help applying any of these to your own situation, please get in touch.