Basic investment guidance is a major plus. Pros: The most comprehensive aggregate of financial information, making this ideal for those with complex finances.

You can use the Investment Checkup feature that asks you to create a basic risk profile, pick a target retirement date, and your projected income sources, and the program will recommend a portfolio for you.įinally, there is a fee analyzer that can help you to understand the fees you are paying on your current investments.Īs with all other web-based personal finance programs, Empower uses the same security and encryption you can expect from online banking. The mobile app for iPhone and Android allows you to keep track of your budget even when you’re not at your computer.Įmpower also offers a Retirement Planner tool that can help you build, manage, and forecast your retirement savings. On your dashboard, the program generates graphs and charts to help you better understand your financial picture, including the following:īasic budgeting is also a snap with this program, as the interface gives you an understanding of all of your spending and account balances, and allows you to categorize your spending by date, merchant, and type of expense. Considering the fact that Empower also tracks investments, it offers a more comprehensive (and free!) service than similar competitor Mint.

Personal finance software applications