ProjectionLab review
A visual retirement planner with free projections and paid tax, withdrawal, and scenario tools.
Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
ProjectionLab is web-based financial and retirement planning software for individuals, couples, and financial advisors who want to model long-term plans. It covers income, expenses, investments, taxes, withdrawals, and estate outcomes, with Monte Carlo simulations, historical backtesting, cash-flow analysis, Social Security estimates, and plan comparisons. Its visual cash-flow analysis includes Sankey diagrams. That breadth makes it relevant to people who want to explore how different assumptions and strategies could affect a retirement plan, rather than simply track balances.
The plan structure gives individual planners a free starting point. Basic is $0 per year and includes forecasting, financial planning, Monte Carlo simulations, historical backtesting, and flexible modeling. Premium costs $129 per year, billed annually, and adds cash-flow projections, tax optimization, withdrawal strategies, estate planning, what-if scenarios, and Compare Mode. Pro is $549 per year and is aimed at advisors, adding client management, an advisor dashboard, 10 client seats, and a directory listing. A seven-day free trial is also available. The paid tiers therefore separate expanded planning tools from advisor-oriented client features.
ProjectionLab runs on the web and integrates with Lunch Money, YNAB, Monarch Money, and the ProjectionLab Plugin API. However, financial information is entered manually; direct account linking is not supported, though third-party plugins can synchronize data from some external tools. That distinction matters for planners who expect their accounts to feed automatically into their projections. Choose ProjectionLab if scenario analysis, tax and withdrawal modeling, or advisor client tools fit your planning process. Consider another option if direct account syncing is essential or you prefer a simpler planning tool with less modeling depth.
ProjectionLab pros and cons
- Where it wins
- Free Basic plan includes forecasting, Monte Carlo, and historical backtesting
- Premium adds tax optimization, withdrawal strategies, and estate planning
- Compare what-if plans and model Social Security and legacy outcomes
- Where it doesn't
- Financial information must be entered manually
- Direct financial-account linking is not supported
- Pro costs $549 per year, above Premium at $129 per year
ProjectionLab fact sheet, pricing and score →
Advertiser disclosure: iTechGuides is reader-supported. Vendors can pay for top positions in our rankings and for a place on other products' pages, and we may earn a commission when you click some links. Bought places stand at the number bought; this page and our disclosure say so. Paying vendors may get a fuller, more detailed review from our editors, and that review can change their score. How we rank.
Last updated · How we research and update