Empower
free net worth tracking with advanced retirement planning
How it works
Empower gives you a complete picture of your finances — net worth, cash flow, investment allocation, and retirement readiness — all for free. It's the rare tool where the free product is genuinely the main product, not a stripped-down teaser. The retirement planner uses Monte Carlo simulations to stress-test your plan against thousands of market scenarios.
Is it right for you?
Consider if you
- Investors wanting a free net worth and retirement tracker
- People with multiple accounts across banks and brokerages
- Anyone curious about hidden 401(k) fees
Skip if you
- Users outside the United States
- People uncomfortable linking all bank accounts
- Android-only households — iOS experience is far superior
Your money and data
Empower connects to your accounts via read-only Plaid integration — it can view your transactions and holdings but cannot move money on your behalf. Data is encrypted in transit and at rest. Empower funds the free dashboard through its optional wealth management service.
Pros & Cons
Pros
- Genuinely free — no paywalls, no credit card needed
- Best-in-class retirement planner with Monte Carlo simulations
- Fee analyzer finds hidden 401(k) costs
Cons
- Android app is a distant second to iOS
- Periodic advisor sales calls for wealth management
- No multi-currency or international support
Pricing details
Free dashboard · Optional wealth management at 0.89% AUM ($100K minimum) · No free tier limitations
On empower.com · We may earn a commission
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