Most financial forecasting tools make you answer a bunch of questions before you can even see your own data. When are you retiring? How much will you spend in retirement? What's your investment return assumption? The problem is most people don't know. That's why they're looking for a tool in the first place. We built Forecasting at Monarch differently. Instead of front-loading assumptions, we let you start with what Monarch already knows about you, and then play. Drag your retirement date. Add a career break. Model what happens if you buy a house in three years. Watch the chart update in real time as you move things around. That was the bet we made from the start: play unlocks trust and intuition. If you can see how one life decision ripples into another, you stop feeling anxious about the future and start feeling curious about it. Seeing the feedback come in has been the best part. One person shared: "It's hard to know how to accurately forecast. This helps me feel like I'm on the right track and I like that I can play around with it." Another said "I think it goes a long way to making this complicated feature simple to use and really intuitive!" That's what we were building toward. Something that makes a complicated, sometimes scary topic feel real and approachable, and puts you in control without requiring you to have all the answers first. Forecasting is live for Monarch Plus members. If you've ever wondered where you're actually headed, go find out. You can also watch a walkthrough here: https://lnkd.in/dKmcKpiZ It was super fun to build a product I personally really needed. I'm so grateful to Wells Riley, Elliott Dicus, and Jordan Yatckoske, who turned a vague idea into something people are actually using to feel more in control of their financial future. This is just the start. We've already shipped dozens of improvements since V1 launched a few weeks ago, and we have a lot more in the making.
Getting Started with Forecasting
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Interesting feature. I like how it provides a holistic forecast. I'm sure users will appreciate it.
Haven’t seen this yet, but looks like a good alternative to the COAST fire calculator I’ve been using (less repetitive entry when checking). Is it only for Plus users, or is forecasting available for regular members too? Mobile compatability or just desktop?
Your approach and thoughtfulness in all the work you do is SO evident in how Forecasting has come together. And gosh what a stellar team - Wells, Elliott, Jordan, Nadine you all are simply the best!
is there a good way to switch to the Plus plan without needing to wait a year if my annual subscription just renewed via Apple in April?
I'm a big fan of this feature already! Had a feeling you and Wells Riley were behind it 😊 👏
Brilliant