Empower
Free senior retirement tools.
What it does
- Free wealth tracking app.
- Was Personal Capital.
- Connect all accounts.
- Net worth, retirement plan.
- Investment fee analysis.
- 100% free senior tools.
Setup
- Empower.com.
- Free signup.
- Connect bank, brokerage, 401k.
- Plaid secured.
- 30 min total.
- Auto-pulls daily.
Retirement Planner
- Project Monte Carlo simulations.
- Withdraw rate scenarios.
- Social Security input.
- Spending plan.
- Confidence score.
- Senior reassurance.
Fee Analyzer
- Reveals 401k hidden fees.
- Many seniors paying 1%+.
- $10,000+ lost over decades.
- Switch to low-cost funds.
- Senior eye-opener.
- Free analysis.
Watch outs
- $100k+ accounts get sales calls.
- Wealth management pitch.
- You can decline.
- Free tools forever.
- Don't feel pressured.
- Senior boundary.
Senior tips
- Run retirement planner monthly.
- Check fees yearly.
- Track net worth.
- Decline calls firmly.
- Use as research tool.
- Fiduciary advisors better.
Free retirement modeling = best senior tool
Empower's free Retirement Planner is best free senior tool to answer "will I run out of money?" Monte Carlo simulations across 1000s of scenarios. Confidence score. Plus fee analyzer reveals expensive 401k fees. Decline sales calls — keep free tools.