How we make this list: we compare pricing pages, product documentation and public user reviews. Rankite is independent; if a vendor ever pays for a featured spot, that listing is clearly labeled Partner.
Key takeaways
- eMoney Advisor is the comprehensive advisor platform with Monte Carlo analysis and a client portal.
- RightCapital offers a 14-day free trial with interactive retirement planning and smart tax tools.
- Envestnet MoneyGuide (formerly MoneyGuidePro) excels at goals-based planning with its interactive Play Zone.
- Asset-Map turns complex plans into one-page visual conversations clients understand.
- WealthTrace is the DIY option: comprehensive retirement planning with AI insights and a free start.
Quick comparison
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We review this list regularly. Vendors can request a listing, send updated pricing or ask about featured placement.
The best retirement financial planning software
Starting priceSee website
Free planNo
eMoney is the comprehensive advisor platform. Organize client data, map out goals, and stress-test for risks with Monte Carlo analysis, then deliver an interactive Decision Center experience that uncovers needs and pitfalls. The client portal gives 24/7 access to plans and documents.
Trusted by top firms nationwide, from banks to RIAs, it supports every stage of advice from simple conversations to complex plans. The honest catch is that this is a platform investment. For advisors who want depth across the whole client journey, eMoney is the standard.
What we like- Monte Carlo analysis, account aggregation, and Decision Center in one platform
- 94% of advisors reported improved client engagement
- Client portal keeps clients connected between meetings
Watch out for- Enterprise pricing
- Depth requires training to use fully
Starting priceSee website
Free planFree trial
RightCapital is financial planning software done right for modern advisors. Interactive retirement planning illustrates scenarios and stress tests, smart tax planning connects tax return data to uncover savings, and insurance needs review plus risk tolerance assessment round out the holistic plan.
Blueprint organizes household net worth in intuitive visuals, Snapshot creates personalized plan summaries in a snap, and the Cash Flow Map shows where money comes and goes each year. The honest catch is the trial-only free access. For advisors who want modern, intuitive planning, RightCapital is the leading alternative.
What we like- 14-day free trial with a 20-minute virtual demo
- Smart tax planning with Roth conversion modeling
- Blueprint and Snapshot visuals clients understand
Watch out for- Free access is a trial, not a tier
- Ecosystem smaller than eMoney's
Starting priceSee website
Free planNo
MoneyGuide, formerly MoneyGuidePro and now part of Envestnet, built its reputation on goals. Clients define and prioritize Needs, Wants, and Wishes before the meeting, then the interactive Play Zone lets them vary retirement age, goals, and savings with sliders to see the impact instantly. Holistic stress testing answers "what are you afraid of" with a simple slider.
Features include Social Security optimization, retirement distribution planning, tax planning, and Wealth Studios for advanced estate strategies. The honest catch is learning the configuration. For goals-based retirement conversations, MoneyGuide remains the reference.
What we like- Interactive goals-based planning with the famous Play Zone sliders
- Holistic stress testing and Social Security optimization
- Dash tier for simplified planning
Watch out for- No free tier
- Configuration depth takes learning
Starting priceSee website
Free planNo
Asset-Map is the visual-first planning platform built for how humans think. Thousands of advisors use it standalone or alongside eMoney or MoneyGuidePro to turn complex plans into clear visual conversations. The Asset-Map Report gives clients a one-page view of their financial life: what they have, where they stand, and what is at stake.
Signals uncover risks and gaps before they become setbacks, Target-Maps make funding gaps visible, and Drafts present before-and-after scenarios. The honest catch is that many advisors pair it with a deeper planning engine. For client conversations that convert, Asset-Map is unmatched.
What we like- One-page Asset-Map Report clients actually understand
- Target-Maps make timelines and funding gaps visible
- SOC 2 Type II certified and FINRA/SEC compliant
Watch out for- A companion tool for many, not a full planning engine
- No free tier
Starting priceSee website
Free planNo
Holistiplan made tax planning the advisor's differentiator. Upload a client's tax return and get visual scenarios, Roth conversion analysis, and range calculations that show the effect of decisions in seconds. Advisors call it the most valuable piece of their software stack for a reason: tax planning deepens relationships and grows wallet share.
With over 30,000 customers nationwide, it updates fast as tax policies change. The honest catch is scope: this is tax planning, not holistic planning. For advisors who want tax to be their edge, Holistiplan is the specialist.
What we like- Award-winning tax planning trusted by 30,000+ customers
- Turns any tax return into visual scenarios in minutes
- Range calculations and what-if tax projections
Watch out for- Tax-focused, not a full financial planning platform
- No free tier
Starting priceSee website
Free planNo
Nitrogen, formerly Riskalyze, is the connected suite of AI advisor products. The Risk Center aligns every client's portfolio to their Risk Number, the Income Center shows exactly what retirement looks like, and the Tax Center turns any 1040 into a visual conversation. New this year: the Nucleus AI engine that executes workflows and gets advisors meeting-ready.
Tens of thousands of advisors use it, with 85% risk center market share and 50+ integrations. The honest catch is that the suite is a real investment. For advisors who sell clarity about risk and retirement, Nitrogen is the platform.
What we like- Risk Number aligns every portfolio to client risk tolerance
- Nucleus AI engine executes workflows and answers complex questions
- Income Center shows clients their retirement
Watch out for- Suite pricing adds up
- No free tier
Starting priceSee website
Free planYes
WealthTrace is the professional-grade retirement planner for individuals. Model retirement income, taxes, Social Security, investments, expenses, and what-if scenarios in one place, with Monte Carlo analysis and per-holding projections. This year WealthTrace AI joined in: ask questions in plain English and get explanations based on your data.
Link brokerage, IRA, and 401(k) accounts or enter holdings manually. The honest catch is the DIY orientation: advisors get a separate professional version. For individuals who want to manage their own retirement plan seriously, WealthTrace is the most complete tool here.
What we like- Comprehensive DIY retirement planning with Monte Carlo and Roth conversion tools
- AI-powered insights answer questions in plain English
- Start your plan for free
Watch out for- DIY focus, not built for advisor practices
- Depth can overwhelm casual users
Starting priceSee website
Free planNo
Income Solver is the retirement income specialist, now available through T. Rowe Price following the 2023 acquisition of Retiree Inc. It is built for one job: turning retirement savings into sustainable income with professional-grade modeling.
Register for a free T. Rowe Price advisors account, watch the weekly live demo, and purchase a subscription to access the platform. The honest catch is access: for financial professionals only, no consumer version. For advisors whose practice centers on retirement income, Income Solver is the dedicated tool.
What we like- Dedicated retirement income planning from an established leader
- Now available through T. Rowe Price with weekly live demos
- Financial-professional grade tools
Watch out for- Financial professional use only
- Subscription purchase required
How we chose
We compared retirement planning platforms using each vendor's own site and documentation in October 2026, alongside G2, Capterra, and advisor reviews. We required live, verifiable products and covered this year's AI features. We never claim hands-on testing.
Choosing retirement planning software
Advisors vs DIY investors
Advisors: eMoney, RightCapital, MoneyGuide, Asset-Map, Holistiplan, Nitrogen, Income Solver. DIY investors: WealthTrace. Mixing the two wastes money; pick the category first.
Match the specialty to the need
Tax planning: Holistiplan. Visual client conversations: Asset-Map. Goals-based retirement: MoneyGuide. Risk alignment: Nitrogen. Full-service depth: eMoney. Modern and intuitive: RightCapital. Retirement income: Income Solver.
Consider the client experience
Retirement plans fail when clients do not understand them. Asset-Map's one-page visual reports, MoneyGuide's Play Zone sliders, and RightCapital's Blueprint visuals exist because comprehension drives action. When you trial tools, watch how clients react to the output, not just how advisors react to the input. A plan the client understands beats a sophisticated plan they ignore.
Budget for the whole practice
Advisor platforms price per advisor or per firm, and adding specialists like Holistiplan or Asset-Map on top of a planning engine is common. Model the full annual stack cost, including training time. The cheapest platform your team actually uses beats the powerful one they avoid, and most vendors will demo the exact workflow you run daily.
Trial before you commit
RightCapital offers a 14-day free trial, WealthTrace lets you start free, and Income Solver runs weekly demos. Use them. The best planning software is the one your clients actually understand.
RightCapital offers a 14-day free trial, WealthTrace lets you start free, and Income Solver runs weekly demos. Use them. The best planning software is the one your clients actually understand.
The AI explanation shift
The 2026 change is not just AI models but AI explanations. WealthTrace AI answers questions about projections in plain English, and Nitrogen's Nucleus executes workflows. Retirement planning has always been about confidence; AI that explains the plan in the client's language builds that confidence faster. Advisors who use these tools well will differentiate on clarity, not just calculations.
Frequently asked questions
What is the best retirement planning software for advisors?
eMoney Advisor is the most comprehensive. RightCapital is the modern favorite with a 14-day free trial. MoneyGuide leads goals-based planning, Asset-Map leads visual conversations, Holistiplan leads tax planning, and Nitrogen leads risk clarity.
Is there free retirement planning software?
WealthTrace lets you start your plan for free as a DIY investor. RightCapital offers a 14-day free trial. Advisor platforms like eMoney, MoneyGuide, and Nitrogen are paid professional tools.
What software do financial advisors use for retirement planning?
The leading tools are eMoney Advisor, RightCapital, Envestnet MoneyGuide, Asset-Map, Holistiplan, and Nitrogen. Many advisors combine two: a planning engine plus a visual or tax specialist.
Can I do my own retirement planning without an advisor?
Yes. WealthTrace is built for DIY investors with professional-level tools: Monte Carlo simulations, Roth conversion modeling, Social Security analysis, and AI-powered insights. Link your accounts or enter holdings manually.
What is the best software for Roth conversion analysis?
Holistiplan is the tax specialist with Roth conversion scenarios and range calculations. RightCapital includes Roth conversion modeling in its smart tax planning. WealthTrace offers Roth conversion tools for DIY investors.
How much does retirement planning software cost?
Pricing varies by tool and is typically quote-based for advisor platforms. RightCapital and WealthTrace offer free starts or trials. Income Solver requires a subscription through T. Rowe Price. Check each vendor's pricing page for current plans.
Sources we checked (8)
- https://emoneyadvisor.com/
- https://www.rightcapital.com/
- https://www.moneyguidepro.com/
- https://asset-map.com/
- https://www.holistiplan.com/
- https://nitrogenwealth.com/
- https://www.wealthtrace.com/
- https://www.incomesolver.com/
Is your product missing or out of date?
We review this list regularly. Vendors can request a listing, send updated pricing or ask about featured placement.
Shihab Mia · Founder, Rankite
Shihab has spent more than a decade helping SaaS and e-commerce brands grow through search. He writes Rankite's software buying guides from pricing pages, documentation and public user reviews. More about Shihab.
eMoney Advisor
RightCapital
Envestnet MoneyGuide
Asset-Map
Holistiplan
Nitrogen
WealthTrace
Income Solver