Refreshed the onboarding experience for new members.
Upgraded our account linking product with Plaid so that accounts update daily.
Redesigned login, signup, and newsletter pages.
Released a new standalone annuity calc that will also be part of our API product.
Added Digital Coach Suggestions to let members know if they have expenses, disbursements, or Roth conversions that lack sufficient funding.
The Roth Conversion Explorer no longer recommends 1st-year conversions.
Several modeling changes to improve data accuracy, including changing the default account turnover rate for new investment accounts to 0% and changing the growth rate of the default account to 0% so that it acts as cash.
View the complete Release Notes specific to the API product here
Complete overhaul of the income-linked contribution UX
Rebuilt the Roth Conversion Explorer algorithm to produce better optimizations using half as many lines of code. It now runs twice as fast and has a “quick check” side functionality that can very quickly decide if any sort of optimization is possible.
Improved account linking capabilities by supporting Plaid’s Account Select v2
View the complete Release Notes specific to the API product here
Upgraded the customer journey and coach suggestions via new displays on the dashboard, a new “Your Progress” page, and added filters (and a modified UI) to the suggestions page
Added and improved white-label features on the core planner app for our enterprise partners
Modified several tax-related assumptions applying to social security and RMDs
Bug fixes: windfalls and one-time expenses after primary longevity age date are now properly modeled, several charting display issues are improved, and a minor corner case with future relocations is no longer happening
Added TCJA modeling capability to the API product
View the complete Release Notes specific to the API product here
Planner users can now link savings contributions to income streams, making their plan more accurate and easier to maintain
Planner users also have the option to add employer matching savings streams alongside their income-linked contributions
Upgraded our simple retirement calculator mini-tool so that enterprise and content partners are now able to easily embed the tool into articles, blog posts, and other websites
View the complete Release Notes specific to the API product here
Launched the new Classroom offering
Various bug fixes including improvements to our net worth calculation, social security benefits logic, and optimizers
Launched a new feature enabling retirement age to be a variable input that can be utilized to update multiple payment streams at once
Launched in Planner app the ability to change an account’s rate of return over time (for example, reduce the risk/return profile of an account once a user reaches retirement)
Enhanced accounts to allow changing rates of return over time in our API product, with month-year granularity
Enhanced income-linked user contributions in our API product to allow for annual % or $ increases to contribution amount
Added the ability to exclude specific accounts from the standard withdrawal order.
Added the ability to update key info in multiple accounts in one screen.
Upgraded our age/date pickers in key places (full roll-out across the planner coming next month).
Updated our tax treatment for deductible disbursements.
Added a spending power metric to supplement our API analytics product offering for enterprise clients.
Launched a brand-new UIUX for My Plan – big changes, take a look if you haven’t yet! The new design is a beautiful, modern, mobile-friendly app that makes it simpler to find and input data and much easier to view the forecasted results and impact of changes to your plan.
Launched an enterprise-facing API toolkit that allows any organization to build best-in-breed financial planning and forecasting tools. Contact us to learn more.
Built a number of powerful features into the API which will be included in the consumer-facing app over the next few weeks. These include income-linked contributions with optional employer-matched contributions, varied account returns over time, variable start times on pension and annuity COLAs, and more.
Updated payments infrastructure to utilize Stripe.
Improved the free Retirement Calculator
Enhanced the Monte Carlo calculation to more accurately capture the range of plan outcomes
Multiple back-end enhancements in anticipation of upcoming app improvements
Launched a partnership with Marketwatch with a dedicated site for MW users
Added the option to review your ‘average’ plan assumptions in addition to optimistic and pessimistic
New Insights Library to highlight the various graphs, charts, and explorers available
Improved our Monte Carlo modeling and data visualization, and applied Monte Carlo analysis to optimistic and pessimistic assumptions (in addition to average assumptions, which was already happening)
Multi-year scheduled withdrawals now available
Social security claiming is now done by month (previously, it was limited to a given year)
Updated lifetime income projection chart with net savings drawdowns
New Coach page
Expanded access to the Beta Roth Conversion Explorer
Bug fixes for capital gains/estimated tax reporting and a few other small items
Customizable labels across multiple accounts, expenses, and other items
Updated Onboarding flow for new users
Launched new retirement calculator
Updated new dashboard design
Launched new dashboard beta
Centralized accounts such that balances and other permanent data fields stay in sync across scenarios
Updated the blog in a few places, including new hub pages and more
HSA / 529 Account support added along with related tax forecasting improvements.
Services API architecture updated and moved to Rails – 30% faster, more maintainable and scale-able.
Better instrumentation across our customer life cycle.
Fixes & improvements across Financial Projections, Account Linking and Monte Carlo.
Initial help section with “how to” articles & videos. (see the magnifying glass in the Planner header)
Monte Carlo (Beta) – 1,000 simulations – running on AWS Lambda so we can scale this
Social Security – automatically adjust benefit based on claiming date
We started making Product Tours – still in progress and we’re adding videos
Account Aggregation – you can now link your accounts so that your plan will be kept up to date.
- Assets (Bank, Brokerage, 401K, etc) and
- Debts (Mortgage, Credit Cards, etc)
PlannerPlus Live – aka dedicated coaching support for your Plan
Google Authentication for Login (including underlying data/authentication model)
Migrated to modern WordPress & updated theme.
Site speed improvements
Improved one time financial event handling for RMDs (Required Minimum Distributions) and Charting
Completed porting the entire Planner to React.
Improved tax modeling for one time taxable events.
Tax modeling improvements – cap gains, investment income, inherited IRAs, state tax tuning.
Implemented state specific income tax rules.
RMD modeling updated for spouses > 10 years younger.
Add Federal tax only for pensions & annuities.
Add FICA and Medicare/SDI tax modeling.
Optimize Withdrawals 1.0 – new disbursement controls for Inherited IRAs, charitable giving, etc,
Improve home equity modeling
Improve navigation
Withdrawals 1.0
Allow users to specify tax treatment on investment accounts
Cloud migration – all on AWS (Amazon Web Services)
