Compare retirement planning software

Honest comparisons of Killion against the tools people actually shortlist it with. Every competitor figure carries a date and a link to the vendor's own pricing page.

Comparison pages written by a vendor are usually worthless, because the vendor wins every row. These are written to be useful instead: each one has a "choose them if" section that means it, and each names the things Killion does not do — no tax modeling, no permanently free plan (there is a live no-signup demo), no shared household access.

Head to head

Killion vs ProjectionLab

Both tools simulate a whole financial life rather than answering a single retirement question. They differ most in how your data gets in, and in what the simulation is actually doing under the hood.

Verified 2026-08-09

Killion vs Boldin

Boldin is the most complete retirement-tax modeller aimed at individuals. Killion is the deeper simulation engine. Which matters more depends on how close you are to drawing down.

Verified 2026-08-09

Killion vs Empower Personal Dashboard

Empower’s dashboard is free because it is the front door to a wealth-management business that charges a percentage of your assets. Killion charges a flat subscription and sells nothing else.

Verified 2026-08-09

Killion vs Monarch Money

These two products are often shortlisted together and are not really competing. Monarch is the best-in-class budgeting and shared-household tool. Killion is a simulator that also budgets.

Verified 2026-08-09

Killion vs Kubera

Kubera is the broadest net-worth tracker available — it will hold your house, your startup equity and your wine. Killion is a simulator: fewer asset types, far more done with them.

Verified 2026-08-09

Killion vs FI Calc

FI Calc is the free, beloved FIRE-community calculator for historical withdrawal strategies. Killion is planning software that links accounts and runs a seeded regime-switching engine. They are not substitutes; they are neighbours.

Verified 2026-08-15

Killion vs WealthTrace

WealthTrace is the closest positional competitor we have seen: dedicated retirement planning software, linked investment accounts, Monte Carlo, what-if scenarios. The honest split is tax depth versus engine transparency.

Verified 2026-08-15

Killion vs Quicken Simplifi

Quicken Simplifi is the everyday-money app the review roundups keep naming. Killion is a retirement simulator. They overlap on linked accounts and a future-looking view; they do not overlap on what “planning” means.

Verified 2026-08-15

Killion vs NewRetirement (now Boldin)

NewRetirement is Boldin. The query still exists, so this page exists. The product you would actually compare is Boldin PlannerPlus versus Killion’s simulator.

Verified 2026-08-28

Killion vs Portfolio Visualizer

Portfolio Visualizer is a backtesting and analytics lab for asset-class mixes. Killion is a household retirement simulator with read-only account linking. They overlap on the word Monte Carlo and almost nowhere else.

Verified 2026-08-28

Killion vs Pralana

Pralana is a detailed US tax-and-projection calculator, sold as Excel Gold and as Pralana Online. Killion is a web simulator with a public methodology and no tax engine.

Verified 2026-08-28

Killion vs MaxiFi

MaxiFi computes a sustainable living standard from lifetime resources (Kotlikoff-style consumption smoothing). Killion tests named withdrawal rules on seeded market paths. Both are retirement math. They are not the same question.

Verified 2026-08-28

Killion vs other Monte Carlo tools

“Best” is the query. This page is a fact table. Different products mean different things by Monte Carlo — a household plan, an asset-class lab, a living-standard engine, or an Excel tax model.

Verified 2026-08-28

Looking to switch

How to choose between them

Almost everyone shortlisting these tools is really answering one of four questions. Working out which one you have narrows the field faster than any feature matrix.

  • "When can I retire?" — a simulation question. Killion or ProjectionLab.
  • "Should I convert to a Roth this year?" — a tax question. Boldin.
  • "Where is my money going?" — a budgeting question. Monarch.
  • "What am I actually worth?" — a tracking question. Kubera, or Empower if you want it free.

If you have two of those questions, running two tools is usually cheaper and better than finding one that does both adequately. The whole category costs less per year than a single month of a 1% assets-under-management fee on a mid-sized portfolio — you can check that on the investment fee calculator.

Frequently asked questions

What is the best retirement planning software in 2026?
It depends on the decision in front of you. Boldin is strongest for retirement tax and Roth conversion modeling, ProjectionLab for manual-first planning with a free tier, Empower for a free net-worth dashboard, Monarch for household budgeting, Kubera for tracking unusual assets, and Killion for simulation depth with read-only account syncing.
Which retirement planners have a free tier?
ProjectionLab has a free Basic plan and Empower’s dashboard and planning tools are free. Boldin has a free tier below PlannerPlus. Killion has a live no-signup demo and a 5-day trial, but no permanently free plan.
Which tool has the deepest simulation engine?
Killion runs a 1,000-path regime-switching Monte Carlo with fixed seeds plus historical backtesting to 1928 and five named withdrawal rules. ProjectionLab also offers both Monte Carlo and historical backtesting.