Freedom251 › Financial Planning Software
WealthTrace
What WealthTrace is
WealthTrace is web-based retirement planning software for individuals and couples who want to build, manage, and analyze their own plans. It models retirement income, expenses, taxes, Roth conversions, Social Security, investments, and what-if scenarios. Users can link brokerage, IRA, 401(k), and other investment accounts to review balances, holdings, transactions, performance, fund fees, and asset allocation, or enter investments manually. Scenario tools include Monte Carlo simulations and comparisons involving retirement age, spending, investment allocation, Social Security, Roth conversions, and market downturns. Tax planning covers withdrawals, required minimum distributions, income, and taxes over time. Trace AI, included in Deluxe and Advisor, answers questions with plain-language explanations based on a user’s plan. WealthTrace says account links use Yodlee and Plaid and that credentials remain with those providers rather than in its database. It states that information passed between users and its servers is encrypted with 256-bit encryption and that it will not sell or give user data to third parties. There is no free plan; Standard starts at $229 a year.
Who it suits
WealthTrace suits individuals and couples who want to model retirement income, investments, taxes, and Social Security. Deluxe and Advisor may suit users who want Trace AI explanations based on their plans.
What it does well
- Models retirement income, taxes, and Social Security
- Monte Carlo simulations and what-if comparisons
- Can link or manually enter investment accounts
- Free trial does not require a credit card
What to know first
- No free plan
- Standard starts at $229 a year
- Some additional plans, account links, and add-ons may cost extra
Plans
| Plan | Billed and limits | Price |
|---|---|---|
| Advisor | $1,049/year or $315/quarter · Email and phone support · Client portal · Online fact finder · Model portfolios · Customized reports · Monte Carlo analysis · Link client accounts using Yodlee · What-if, asset allocation, and Roth conversion scenarios; add-on charges may apply | $1,049 a year |
| Individuals: Standard | $229/year · Unlimited use · Email support · Live chat support · Monte Carlo analysis · What-if scenarios · Link investment accounts · Expert one-on-one support available at add-on charge | $229 a year |
| Individuals: Deluxe | $289/year · Unlimited use · Email support · Live chat support · Priority support over Standard · Monte Carlo analysis · What-if scenarios · Link investment accounts · Historical investment data and performance · Roth conversion and asset allocation scenarios · Expert one-on-one support available at add-on charge | $289 a year |
As mywealthtrace.com lists them, read 9 Oct 2026. The maker's own page has the final word.
Verdict
WealthTrace brings investment tracking and detailed retirement scenario and tax modeling into a web-based planning product. Its paid starting price and possible add-on charges are worth considering alongside the free trial.
Facts from WealthTrace's own pages
- AI
- Trace AI is included in Deluxe and Advisor and answers questions with plain-language explanations based on a user's plan. · mywealthtrace.com, 9 Oct 2026
- Data use
- WealthTrace states that it will not sell or give user data to third parties. · mywealthtrace.com, 9 Oct 2026
- Integrations
- WealthTrace says users can link accounts through Yodlee and Plaid, and that bank and brokerage credentials are stored at those providers rather than in WealthTrace's database. · mywealthtrace.com, 9 Oct 2026
- Investment tracking
- Users can link brokerage, IRA, 401(k), and other investment accounts to monitor balances, holdings, performance, transactions, fund fees, and asset allocation, or enter investments manually. · mywealthtrace.com, 9 Oct 2026
- Notable limits
- Creating and saving multiple individual plans may incur an additional charge, and some account-linking and other add-ons may also cost extra. · mywealthtrace.com, 9 Oct 2026
- Planning tools
- The software models retirement income, taxes, Roth conversions, Social Security, investments, expenses, and what-if scenarios. · mywealthtrace.com, 9 Oct 2026
- Purpose
- WealthTrace provides retirement planning software for individuals and couples to build, manage, and analyze their own plans. · mywealthtrace.com, 9 Oct 2026
- Scenario analysis
- Users can run Monte Carlo simulations and compare retirement ages, spending, investment allocation, Social Security, Roth conversions, and market downturn scenarios. · mywealthtrace.com, 9 Oct 2026
- Security
- WealthTrace states that it uses 256-bit encryption for information passed between users and its servers. · mywealthtrace.com, 9 Oct 2026
- Support
- The pricing page lists email and live chat support for individual plans, with priority support for Deluxe; Advisor includes email and phone support. · mywealthtrace.com, 9 Oct 2026
- Tax planning
- WealthTrace models Roth conversions, required minimum distributions, withdrawals, retirement income, and taxes over time. · mywealthtrace.com, 9 Oct 2026
- Trial
- The pricing page advertises a free trial and says no credit card is required to start it, but does not state its duration. · mywealthtrace.com, 9 Oct 2026
Where WealthTrace stands on Freedom251
- Financial Planning Software#26 of 34
- Retirement Planning Software#25 of 26