Is This the Best Retirement Planning Tool?
Wondering if Boldin is the right tool to help you plan for retirement? This Boldin Review will break down everything you need to know. Financial planning can feel confusing and even scary. That’s why I was excited to try out Boldin (formerly known as NewRetirement). If you’re someone who wants to know if you’re on…
Wondering if Boldin is the right tool to help you plan for retirement? This Boldin Review will break down everything you need to know.
Financial planning can feel confusing and even scary. That’s why I was excited to try out Boldin (formerly known as NewRetirement). If you’re someone who wants to know if you’re on the right track, when you can retire, or how to make your money last as long as possible, this tool can help.
Boldin is different from other financial tools because it goes deep into your retirement plan. It doesn’t just show your net worth or your spending. It helps you make smart, long-term decisions around social security, taxes, healthcare, estate planning, and more.
If you want to take financial planning into your own hands, I think Boldin is a great financial tool to use. You can run scenarios to make better decisions and have more control over your money. You can get a full assessment of your finances, such as your savings rate, investments, and more, and create a financial plan that works for you.
Personally, I ended up spending a few hours on the platform just testing different scenarios, tweaking information I entered, and really digging into the details. It was fun to see how small changes could make a big difference in my retirement plan, and I found it super helpful to visualize everything so clearly.
Please click here to try out Boldin for free.
In this Boldin review, I’m going to walk you through what it is, how it works, who it’s for, and whether or not it’s worth the cost.
Boldin is a retirement planning software that helps you create a detailed financial plan. It was originally launched as NewRetirement, and in 2024, it changed its name to Boldin.
With Boldin, you can model your entire financial journey. That includes your savings, expenses, investments, taxes, Social Security, housing decisions, retirement, and more.
It helps you answer questions like:
It’s built for everyday people who want to understand their money better and make smart choices – with or without a financial advisor.
I decided to test Boldin because I want to find things that are easy to use, helpful, and affordable for my readers. When I heard that Boldin lets you build your own financial plan without hiring an advisor, I knew I had to give it a try.
What stood out to me is how in-depth Boldin is. You’re not just entering a few numbers. You can actually build a full financial roadmap and test out different life decisions to see how they affect your future.
It’s like having a powerful retirement calculator, financial coach, and tax planner all in one.
Boldin is all about retirement planning, and it goes way beyond just tracking your investments.
Here are some of the things you can do with Boldin:
Whether you’re wondering when to retire, if you can travel more, or if it’s safe to spend a little extra, Boldin can help you find the answer.
What I like about Boldin is that it’s very easy to use. You can spend 10 minutes inputting your information into the platform and calculator, or you can spend hours and run tons of different scenarios.
Boldin is a great fit for:
Real people use the platform to:
People say that Boldin gives them peace of mind, more confidence, and helps them avoid costly mistakes.
Boldin is a tool that helps you build your own personalized retirement plan. You can create a free account in just a few minutes and immediately start adding in your information.
To get started with Boldin, here’s what you have to do:
One of my favorite things about Boldin is how detailed and flexible it is.
You can go as deep as you want, and you don’t even need to link your accounts if you prefer entering things manually. It’s perfect for anyone who wants to plan their own retirement and feel confident about their future.
After using the tool myself, here are the features that I think are worth it:
Want to know what would happen if you retired at 40 instead of 65? If you took social security a couple years early? Or moved to a different state?
You can create and compare different versions of your plan. Plus, every time you run a scenario or make a change to your plan, you will get instant feedback from Boldin.
I think this is so helpful for decision-making and understanding your options.
This feature helps you explore when and how much to convert from a tax-deferred account to a Roth IRA. It looks at your tax bracket and income projections.
You can test out different start/stop years, amounts, and see the impact over time. It’s one of the most advanced Roth conversion tools I’ve seen.
Boldin sends you alerts that can help you retire sooner and manage your money better.
For example, you may get an alert that says, “Based on your data, if you paid an additional $250 each month, your mortgage could be paid off before you retire.”
These little actionable tips are very helpful!
Boldin PlannerPlus users can join live sessions to ask questions and learn directly from Boldin experts. It’s a great way to get support and see how others are using the tool.
For example, some of the classes and events I see right now include (there are multiple live events each week, plus classes you can access at any time):
With Boldin, you can get a quick snapshot of where you stand and what you need to do.
Yes, you can see your net worth, and you can also create a “watchlist” – which I really, really love. This is probably one of my most favorite features on Boldin.
For example, you can watch your:
And more. There are around 25 different metrics you can watch.
Boldin has both a free plan and a paid plan called PlannerPlus.
Which plan do you need?
Personally, I think you get a lot of great features with either plan. I tested out both the free plan and the PlannerPlus plan (I personally have the PlannerPlus right now), and I think the information you get in each is great.
Here’s what I think are the pros and cons of Boldin:
Pros:
Cons:
Below are answers to common questions about Boldin.
Yes, I believe Boldin’s PlannerPlus is worth it if you’re serious about planning your retirement. The free version is a great place to start, but PlannerPlus gives you access to the more powerful features that really make a difference – like tax strategy modeling, Roth conversion tools, real estate planning, and detailed what-if scenarios.
For example, you can model scenarios like different budgets (such as pre-retirement, early retirement, and late retirement), model Roth conversions to see the impact on your taxes, model relocating your primary residence (you can see how downsizing or relocating to another state can impact your retirement), model withdrawal strategies for taxes, and more.
You also get access to live classes where you can ask questions and get help. For $10 a month or $120 a year, it’s an affordable way to get more control over your future and make smarter decisions. If you’re thinking about retirement or already retired, PlannerPlus can help you feel more confident and prepared.
No, you do not need to link your accounts to Boldin if you don’t want to. You can enter everything manually if you prefer.
Yes! You can model plans for one or two people, and it’s great for joint planning.
Boldin and Empower are different and they serve different purposes, so it really depends on what you need. Empower (formerly Personal Capital) is great for tracking your net worth and viewing your investments. It’s a good dashboard if you’re focused on investment management and want to see your net worth.
Boldin, on the other hand, is focused on planning. It helps you think through retirement timing, tax strategies, spending in retirement, healthcare costs, and more. If you want to understand your future financial picture and actively plan for it, Boldin is a good choice.
In fact, many people use both tools together – Empower for investment tracking and Boldin for retirement planning. That way, you get the best of both worlds.
Yes, many Boldin users share their plans with advisors or use it to guide financial planning meetings.
I found Boldin very easy to use. You can set everything up in just a few minutes, or you can spend hours and really dive into all of the different features. It really just depends on what you are looking for.
Yes, Boldin is safe to use. Boldin uses bank-level encryption and follows strict data privacy standards. And, you can use the platform without linking your actual bank or investment accounts. That means you keep control and can enter everything manually if you’d like.
The company changed its name from NewRetirement to Boldin in 2024 to better reflect its mission. The new name, Boldin, comes from the idea of helping people be bold in retirement – to have confidence in their financial plan. While the name changed, the tool is the same.
I hope you enjoyed my Boldin Review.
So, is Boldin worth it?
Yes, I think if you’re preparing for retirement or already there, Boldin is one of the best tools out there. It helps you answer the big questions and gives you real peace of mind.
I think it’s great for planners like me who are always running scenarios in their heads or in spreadsheets. It’s nice to have everything laid out in an easy-to-use platform that automatically generates graphs and actionable tips for you.
I personally plan on keeping my subscription that I started and referring to it regularly.
Boldin helps you to:
And more.
If you’re ready to take control of your future, I highly recommend checking it out.
Please click here to try out Boldin for free.
Have you used Boldin? Do you prefer building your retirement plan with a tool like this, or do you stick to spreadsheets or a financial advisor?
Note: To protect my privacy, the images in this Boldin Review are not of my personal finances – they were either provided by Boldin or were made with a separate test account that I made.
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