Is there a ProjectionLab coupon code or promo code?

Yes. Use the code SSA-TOOLS at checkout for 10% off any ProjectionLab premium plan. This is an exclusive discount for SSA.tools readers. The code is still valid in 2026 and beyond.

ProjectionLab Review and Coupon Code: Retirement Planning Beyond Social Security

Q: Is ProjectionLab free?

ProjectionLab offers a free Basic plan that includes cash-flow projections and Monte Carlo simulations. The Premium plan ($129/year) adds tax estimation, Roth conversion modeling, what-if scenarios, and downloadable reports. A Lifetime plan is available for a one-time payment of $1,199.

Q: How does ProjectionLab work with Social Security?

ProjectionLab lets you include Social Security benefits in your overall retirement plan. You can use the SSA.tools calculator to determine your exact benefit amount, then enter that into ProjectionLab to see how Social Security fits into your complete financial picture alongside investments, pensions, and other income sources.

Q: What is ProjectionLab?

ProjectionLab is a retirement planning tool that uses Monte Carlo simulations to model your financial future. It handles tax estimation, Roth conversions, drawdown strategies, and scenario comparisons. It does not connect to your financial accounts, giving you full control over your data.

Published: 2/15/2026

This site focuses on one thing: helping you understand your Social Security benefits. But Social Security is just one piece of your retirement income. To plan around investments, taxes, and drawdown strategies, you need a broader planning tool.

ProjectionLab is a retirement planning simulator that pairs well with the ssa.tools calculator. Here's an overview of what it does, what it costs, and where it fits in.

Disclosure: ProjectionLab is a sponsor of this site. This review reflects honest assessment. See the Drawbacks section below for areas where it falls short.

What is ProjectionLab?

The core of the tool is Monte Carlo simulation: instead of one projected number, it runs your plan through thousands of possible market outcomes and tells you how often it succeeds. On top of that it estimates federal and state taxes, including how Social Security taxation fits into the picture, models Roth conversions, and lets you compare what-if scenarios side by side (more on this below).

One thing it doesn't do is link to your bank or brokerage accounts. You type your numbers in yourself. It's the same privacy approach this site takes.

Scenario Comparison: Compare Mode

The feature I find most useful is Compare Mode, which lets you build "what if" variations of your plan and see them side by side. For example, you might compare:

Retiring at 60 vs. 65 vs. working part-time until 62
Keeping your current spending vs. downsizing
Starting Roth conversions now vs. waiting until retirement
Buying a second home vs. investing the down payment

For each comparison, ProjectionLab overlays the two plans and shows year-by-year differences in cash flow, savings, and net worth. You can track how each decision shifts your milestones, such as when you hit financial independence or when your portfolio is projected to run out. There are 25+ built-in charts you can plot for any metric.

If you've used the ssa.tools calculator, this approach will feel familiar. The calculator lets you explore how different Social Security filing ages change your monthly benefit. You can see the trade-off between claiming early at 62 for a reduced amount vs. waiting until 70 for the maximum. The filing date chart visualizes this as a range of possible outcomes depending on when you file.

ProjectionLab takes that same "explore the trade-offs" idea and applies it to your entire financial picture: not just when to claim Social Security, but when to retire, how much to spend, which accounts to draw from, and how taxes change across each scenario.

How It Works With SSA.tools

Using the two together is simple: run your earnings record through the ssa.tools calculator to get your benefit, then enter that number into ProjectionLab as an income source. This gives you an accurate Social Security figure within your broader financial projection.

ProjectionLab handles the rest: modeling how your Social Security income interacts with 401(k) withdrawals, pension income, Roth conversions, and taxes over the course of your retirement.

Reader discount: Use the code SSA-TOOLS at checkout for 10% off any ProjectionLab plan.

Who Is It For?

ProjectionLab is a good fit if you want to go beyond "when should I claim Social Security?" and start planning your overall retirement income strategy. It's most useful if you're within about ten years of retirement and want to stress-test your plan, or if you're weighing an early retirement and need to figure out how to bridge the years before Social Security and Medicare kick in. It's also a natural fit if you're trying to decide whether Roth conversions make sense, or just want to see how Social Security coordinates with your other income sources.

Strengths

The Monte Carlo approach gives a realistic range of outcomes rather than a single misleading number. The privacy model is similar to this site's: no linking to financial accounts, no data harvesting. And the free tier is genuinely useful for quick projections, not just a demo. The tool is also under active development, with regular updates and new features.

Frequently Asked Questions

Is there a ProjectionLab coupon code?

Yes. Readers of this site can use the code SSA-TOOLS for 10% off any ProjectionLab premium plan. Just enter the code at checkout. The code is still valid in 2026 and beyond.

Is ProjectionLab free?

There is a free Basic plan that includes cash-flow projections and Monte Carlo simulations. The Premium plan ($129/year) adds tax estimation, scenario comparisons, Roth conversion modeling, and the ability to save your data. A Lifetime option costs $1,199 as a one-time payment.

How does ProjectionLab work with Social Security?

Use the ssa.tools calculator to get your projected Social Security benefit, then add it as an income source in ProjectionLab. This gives you an accurate benefit figure within your overall retirement plan.

Does ProjectionLab connect to my bank accounts?

No. ProjectionLab does not link to any financial accounts. You enter your data manually, and you can choose to store it in the cloud (via Google Firebase) or keep it in your browser only.

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