Income Lab
Income Lab: A connected advisor planning suite with detailed income tools and a high monthly price. Ranked #17 of 26 in Retirement Planning Software by our editors (7.7/10); pricing: 14-day trial; best for advisors needing integrations and AI workflows.
At a glance
- Editor score7.7 / 10
- Pricing14-day trial
- Best forAdvisors needing integrations and AI workflows
- Free planNo
- Paid from$199/mo
- Tax modelingDetailed
- Founded2018
- Facts checked19 Sep 2026
Where it wins
- Models guardrails, withdrawal sequencing, taxes, Social Security and Roth conversions.
- Compares scenarios and includes annuity and pre-retirement planning.
- Connects with custodial, portfolio, CRM and account-aggregation platforms.
Where it doesn't
- Core costs $199 per month, with Pro at $299 per month.
- Account data integrations are read-only.
- There is no permanent free plan; the free offer is a 14-day trial.
Our verdict on Income Lab
Income Lab is retirement income planning software for financial advisors, not a direct-to-consumer retirement planner. It brings spending capacity, income sources, taxes, Social Security claiming, Roth conversions, annuities and portfolio risk into advisor workflows. Guardrails-based spending analysis helps model when adjustments may be needed, while pre-retirement projections account for retirement dates and savings levels. Advisors can compare scenarios and trade-offs as they work with clients approaching or already in retirement.
Its strongest fit is an advisory practice that wants retirement analysis connected to existing client and portfolio systems. Integrations include Altruist, Black Diamond, BridgeFT, Schwab, Fidelity, Interactive Brokers, Orion, Redtail and Yodlee, among others. The product runs on the web, and the listed account sync is read-only. That supports bringing account information into planning, but advisors needing write-back or a non-web platform should look elsewhere. The breadth of integrations may suit practices with established systems; firms without those connections may find less value in this part of the offer.
Pricing is a meaningful consideration. Core costs $199 per month and includes retirement income planning, tax planning, Social Security planning, withdrawal sequencing and scenario comparisons. Pro is $299 per month and adds an AI paraplanner, AI-assisted plan building, meeting preparation and practice-wide planning intelligence. Annual billing is also offered at a discount, and a 14-day trial is available, but there is no permanent free plan. Income Lab makes most sense for advisors who will use its tax-aware analysis, connected account data and, at the Pro level, AI workflows regularly; advisors seeking a low-cost or free planning tool should consider alternatives.
Your product? Our editors can test Income Lab in depth and publish a review, labelled as paid · from $149/mo →
Income Lab pricing
All 2 Income Lab plans and prices →
Income Lab fact sheet
| Free plan | No |
|---|---|
| Paid from | $199/mo |
| Income projection | Yes |
| Savings growth projection | Yes |
| Withdrawal planning | Yes |
| Tax modeling | Detailed |
| Social Security modeling | Yes |
| Scenario analysis | Yes |
| Account synchronization | Read_only |
| Free trial | 14 days |
| Deployment | Cloud |
| Platforms | Web |
| Integrations | 15 integrations: Altruist, Black Diamond, Blue Leaf, BridgeFT, Schwab, Fidelity … |
| Pricing | 14-day trial (source) |
| Website | incomelaboratory.com |
| Facts checked | 19 Sep 2026 |
Income Lab integrations
Income Lab lists 15 integrations on its own site.
- Altruist
- Black Diamond
- Blue Leaf
- BridgeFT
- Schwab
- Fidelity
- fpPathfinder
- Interactive Brokers
- Millennium Trust Company
- Nitrogen
- Orion
- Precise FP
- Redtail
- SSG
- Yodlee
Alternatives to Income Lab
- BoldinA guided retirement plan with detailed projections, plus a free tier to get started.9.4
- Fidelity Planning & Guidance CenterA free planner with tax, Social Security, withdrawal and what-if analysis.9.3
- MaxiFiDeep lifetime and retirement planning across web, desktop, and mobile for an annual fee.9.2
See all Income Lab alternatives →
Also Ranked In
Income Lab is ranked in 2 of our directories.
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Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
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