ReachFI
Models future net worth, debt payoff, taxes and retirement outcomes based on income, expenses and life decisions
The product is financial planning software that models future net worth, debt payoff timelines, taxes, and retirement outcomes based on income, expenses, assets, and life decisions such as job changes, home purchases, or spending shifts. It sells to individual consumers and families planning for financial independence, early retirement, debt freedom, and major purchases. It is delivered as self-service SaaS accessible on desktop and mobile with a free tier, using scenario planning and Monte Carlo simulations to test what-if outcomes.
Key features
- Project net worth 5-20 years
- Track financial independence journey
- Debt payoff planning
- Scenario modeling for house/car/job changes
- Tax projections
- Monte Carlo simulations for FIRE
- Detailed expense tracking by category
- Vary expenses by life stage
- Visualize financial trajectory
- Net worth tracker