Best Retirement Planning Tools 2026
by Anonymous
Retirement planning tools help you model whether your savings will last through retirement. The best calculators incorporate Social Security projections, tax optimization, healthcare costs, and inflation scenarios. Monte Carlo simulations provide probability-based outcomes rather than single-point estimates. Start planning early and revisit projections annually as circumstances change.
Empower Retirement Planner
Free
cost
Monte Carlo
simulation method
Basic
tax optimization
Basic
social security planning
Yes, automatic
account linking
Limited
scenario comparison
Fidelity Retirement Score
Free
cost
Proprietary scoring
simulation method
No
tax optimization
Yes
social security planning
Yes, Fidelity accounts
account linking
No
scenario comparison
NewRetirement
Free / $120/yr
cost
Monte Carlo + scenarios
simulation method
Yes, Roth conversions
tax optimization
Yes, optimization
social security planning
Manual + some linking
account linking
Yes, multiple scenarios
scenario comparison
FireCalc
Free
cost
Historical backtesting
simulation method
No
tax optimization
Yes
social security planning
Manual entry only
account linking
Yes, variable inputs
scenario comparison
Like this comparison? Make it your own.
Sign up to use as templateMore in Finance
Best Credit Monitoring Services 2026
Credit Karma vs Experian Free vs myFICO
Best Balance Transfer Credit Cards 2026
Citi Simplicity vs Wells Fargo Reflect vs BankAmericard
Best Coupon Apps 2026
Honey (PayPal) vs RetailMeNot vs Coupons.com
Term vs Whole Life Insurance
Term Life Insurance vs Whole Life Insurance
Best Student Loan Servicers 2026
SoFi vs Earnest vs Splash Financial
401k vs IRA vs Taxable Brokerage
401(k) vs IRA vs Taxable Brokerage