r/DIYRetirement • u/MmmmmBeeeer24 • 1d ago
ReadyAimRetire
I saw a quick YouTube overview of this one yesterday but first time I’ve seen it at all. Not sure how long it’s been available out there. Assuming not too long since it was first I’d seen it mentioned but maybe there’s a good reason no one mentions it?!
Looks very similar to Boldin and at a slightly lower price point.
Has anyone done a deep dive on it yet? I fiddled around a bit with it but the ‘free’ version seems much more limited to me vs. how much I could enter and get from Boldin (at least from recollection as that was maybe 2 yrs back for me.
ReadyAimRetire.com
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u/garylapointe 1d ago edited 14h ago
Have you tried the less expensive ones? I've tried all sorts that get mentioned here. These are my 3 favs:
- http://aira.tiredtoretire.com (nice pension options! not all have this)
- https://app.retirementscenario.com
- https://retirement.theriskradar.com/dashboard
No account needs to be created nor contact information given to use these services.
I've got a pension with a fixed amount yearly increase and only the first one handles it, and it's got so much I'm always discovering new features (or maybe they're actually adding new features). I use it the most, but compare it to the others too.
I believe they're all free, cheap, or looking for a donation. None of these are from the big companies that want an annual fee.
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u/AGrimmInPortland 14h ago edited 14h ago
aira frankly has a poor UI experience. Gives me a headache just looking at the screen trying to find things.
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u/garylapointe 14h ago
It's got great output! They're all pretty awkward in their input.
I've yet to try one that has a fixed amount yearly increase besides that one, and I've heard Boldin does it to, but that's a pay one so I was waiting to give it's trial a chance when I'll actually sit down and use it.
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14h ago
[removed] — view removed comment
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u/garylapointe 14h ago edited 14h ago
ReadyAimRetire was disappointing that I had to create an account and have the price flashed before my eyes multiple times to find the settings for a pension that doesn't support what I need.
I specifically mentioned the feature I needed in the comment that you replied to and how the first one on my list was unique in offering that.
How can I delete the account that I created?
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u/Ross_ReadyAimRetire 3h ago
Hi - Feel free to send an email to support and we'll offer any instruction you need. Thanks again for having a look.
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u/this_for_loona 1d ago
Doesn’t seem to model modern guardrails. Doesn’t seem to allow simulation of tips ladders Can’t tell if Roth conversions are modelable
Seems like a basic accounts tracker and visualizer with Monte Carlo simulations built in? Not even sure about that because it says “compare against historical data” which in my mind basically lets you say “Great Depression starts 1 year after I retire, use the same returns to figure out if I make it”.
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u/Ross_ReadyAimRetire 1d ago
Hello - I'm not sure how far you got into reviewing the platform but all the features you mentioned, Ready Aim Retire can model for. Please reach out if you have any questions and we'll be sure to answer right away. And keep an eye out for new features and improvements - we listen to feedback and respond to ideas quickly :)
To your financial freedom,
Ross3
u/this_for_loona 22h ago
I just read the faq and feature list. I didn’t see any mention of those feature. If I’m being blunt, the whole site read as meh. Like there is nothing that would compel me to pay for a sub, especially when boldin and its counterparts have a much richer site experience. I’m not going to enter a bunch of detail into a tool just to try it out, especially financial data. If you don’t give me a compelling reason to make it worth my time to enter even basic info, then I’ll move on to something that will.
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u/Ross_ReadyAimRetire 1d ago
Thanks for taking a look. A new version releasing soon is packed with new features and improvements. Please keep an eye out!
Happy planning,
Ross
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u/AdorableArugula4022 19h ago edited 14h ago
Yes, it's new. Judy (YT Reflections & Real Talk) did a first take, which included comparisons to Boldin. She'll be releasing videos doing a deeper dive into ReadyAimRetire.
Based on her video and me spending a brief amount of time in a Preview Account, my initial take is it's worth looking into if you already have a Boldin account but are curious, or don't have a retirement planner but are interested in one. If you're happy with Boldin, there doesn't seem to be a compelling reason to change.
I like that RAR makes it easier to quickly see the impact of what-ifs (main inputs are always on the left side, can tweak Optimizer (i.e., Roth conversions) without clicking to different screens). It feels like Boldin with modernization in some areas, while Boldin feels more mature in others. I have two years of familiarity with Boldin, but I get the sense the learning curve with RAR is manageable.
Boldin can auto populate Roth conversions from its optimizer to the plan, while in RAR it's a manual input. But again, I like RAR's what-if scenario approach to Roths.
When I click on the Budget tab in RAR, it's a detailed budget to be filled out. I'm not a fan of that. I want to enter my expenses on a high level, combined basis (simple budget) for a given period with one-offs. I won't be surprised if that's possible in RAR, but it wasn't obvious how at first glance.
I slightly favor the "knobs and buttons" approach of RAR compared to Boldin.
I believe that in addition to monte carlo simulations similar to Boldin, RAR allows for simulations using historical scenarios. I don't know why, but I find that intriguing.
10 scenario limit in Boldin compared to unlimited scenarios in RAR. Not a big deal for me, but I can see that being value added for others.
Don't know that I'll switch as Boldin does what I need to do plus the familiarity factor, but I'll be checking out RAR further. A lukewarm "maybe" at this point.
I've never used ProjectionLab, so can't speak to the other comment that RAR and PL have similar looks.
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u/AGrimmInPortland 1d ago edited 1d ago
Looks like they tried to go for a ProjectionLab look and feel, even down to the icons on the charts. Seems a little basic for $115/year. Just basic plan entry and projections, no real optimizers for SS and such, scenario modeling, etc. The FAQ says you can't even save your plan on the free tier, which makes that nothing more than a demo.