Boldin provides comprehensive financial planning software that allows individuals and professionals to model complex retirement scenarios. The platform integrates factors like taxes, income streams, real estate, and debt to offer users a panoramic view of their financial health. Users gain confidence through real-time monitoring, Monte Carlo analyses, and access to optional coaching and advisory services.
Funding
Funding not disclosed
Founders
Product
Problem
Many individuals face challenges in effectively planning for retirement due to the complexity of financial factors such as income, taxes, debt, and long-term goals. Traditional retirement planning often lacks real-time monitoring and personalized recommendations, making it difficult for users to make informed decisions and achieve financial confidence.
Solution
Boldin provides a financial planning platform designed to empower users with the tools and insights needed to manage their financial lives and plan for retirement. The platform offers a panoramic approach, considering various factors such as taxes, income, real estate, debt, and medical expenses, to provide tailored strategies and insights. By offering real-time monitoring, personalized recommendations, and the ability to calculate "what-if" scenarios, Boldin enables users to make stronger financial decisions and stay on track toward their retirement goals. The platform also offers access to classes, coaching, and a community for additional support and guidance.
Target Audience
Boldin is designed for individuals seeking to take control of their financial future and plan for retirement, as well as enterprises looking to provide financial wellness solutions to their employees.
Features
- Personalized retirement planning with 100+ inputs in the basic plan and 250+ in the PlannerPlus plan for comprehensive control
- Scenario planning to calculate "what-if" scenarios and assess the impact of different decisions
- Real-time monitoring of finances to track progress and identify opportunities for improvement
- Tax modeling, including state modeling, itemized deductions, and bracket analysis
- Income planning, incorporating work income, Social Security, annuities, and pensions
- Real estate modeling for future purchases and sales
- Debt management for student loans, mortgages, and credit cards
- Budgeting tools for recurring and one-time purchases
- Healthcare cost estimates, including Medicare and long-term care
- Monte Carlo analysis to simulate various market conditions and assess portfolio risk (PlannerPlus)
- Personalized digital coach suggestions and alerts to identify opportunities and errors (PlannerPlus)
- Account aggregation to link external accounts for a holistic view of finances (PlannerPlus)
- Side-by-side scenario comparison to evaluate different planning options (PlannerPlus)