ProjectionLab

ProjectionLab is a financial planning tool for modeling retirement and financial independence scenarios — simulating portfolio growth, withdrawal strategies, Social Security timing, and tax optimization across different financial paths.

What Makes ProjectionLab Stand Out

Scenario comparison shows different financial paths side by side. Tax-aware modeling includes Roth conversion and withdrawal optimization

Monte Carlo simulation tests plan robustness across market scenarios

Pricing and Plans

ProjectionLab offers a free tier that provides meaningful value for individuals and small teams, with paid plans unlocking additional capabilities as needs grow.

Who Should Use ProjectionLab

ProjectionLab is best for teams and individuals who need financial planning capabilities and where scenario comparison shows different financial paths side by side. It may not be the right fit when more complex than simple budgeting apps.

Verdict

ProjectionLab delivers on its core promise as a financial planning tool. ProjectionLab is a financial planning tool for modeling retirement and financial independence scenar... For teams evaluating financial planning options, ProjectionLab is worth considering based on its specific strengths and how they align with your requirements.

FIRE Planning Community

ProjectionLab was adopted strongly by the FIRE (Financial Independence Retire Early) community — users planning aggressive savings rates and early retirement who need tools that model non-traditional career lengths and withdrawal sequences. The community has contributed to the tool's feature development through feedback that shaped FIRE-specific scenarios.

Data Privacy

ProjectionLab runs locally in the browser — financial data does not leave the user's device and is not stored on ProjectionLab servers. This privacy-first approach appeals to users who are cautious about sharing detailed financial information with online services.

Net Worth Tracking Integration

ProjectionLab integrates with financial account aggregators for automatic net worth tracking — pulling actual balances to keep projections grounded in real portfolio values rather than requiring manual updates that fall behind actual balances.

Free vs. Premium Access

ProjectionLab offers a free tier with core planning functionality. The premium plan adds advanced features: multiple scenario comparison, additional asset types, detailed Social Security optimization, and expanded Monte Carlo parameters — appropriate for users who want to optimize beyond the base retirement planning workflow.

Overall rating: 4.2 / 5

ProjectionLab is the financial independence and retirement planning simulation tool — enabling modeling multiple scenarios for reaching financial independence, retirement, or other long-term financial goals through Monte Carlo simulation and detailed cash flow modeling.

Monte Carlo Retirement Simulation

ProjectionLab's Monte Carlo simulation runs thousands of market return scenarios to show the probability distribution of retirement outcomes — not just the expected case but the range of possibilities from pessimistic market conditions to optimistic ones. This probabilistic view provides more honest retirement planning than single-scenario projections.

Scenario Comparison

ProjectionLab enables building multiple retirement scenarios simultaneously: retiring at 55 versus 60, with different Social Security timing strategies, with and without real estate income — comparing paths side by side to understand trade-offs between lifestyle choices and financial outcomes.

Tax-Aware Modeling

ProjectionLab's tax modeling accounts for Roth conversion strategies, required minimum distributions, capital gains management, and Social Security taxation — enabling optimization of tax-efficient withdrawal strategies that can meaningfully extend portfolio longevity compared to naive distribution strategies.

Overall rating: 4.2 / 5