Best PocketSmith Alternatives

Jeremy Biberdorf Image
Jul 18, 2024
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Quick Breakdown

Best Alternatives to PocketSmith

  • Best for comprehensive budgeting and investment tracking.

  • Ideal for in-depth retirement planning and management.

  • Suitable for visualizing financial goals and integrated budget planning.
In the realm of personal finance management, the right tools can make a significant difference. With an increasing number of individuals seeking to take control of their finances, platforms like PocketSmith have become essential. However, every individual's financial needs and preferences vary, which is why exploring alternatives to popular financial tools like PocketSmith can be beneficial.

This article delves into some of the best PocketSmith alternatives, discussing their unique features, benefits, and how they compare with PocketSmith in assisting users with their financial goals.

What is PocketSmith?

PocketSmith is a versatile and user-friendly online financial tool renowned for its forecasting capabilities. It allows users to project their financial future, helping them make informed decisions about savings and spending.

With real-time data tracking, PocketSmith ensures users are always updated about their financial patterns. It stands out for its compatibility with multiple bank accounts, including international banks, making it an excellent choice for those with global financial ties.

PocketSmith’s dedication to innovation is evident in its continuous updates, enhancing features to cater to a diverse, global user base. Its premium plan offers added functionalities, making it a comprehensive tool for personal finance management. For more information about PocketSmith, check out my detailed review .

PocketSmith Pros & Cons


● Advanced financial forecasting tools for future planning.

● Real-time data tracking for up-to-date financial insights.

● Compatibility with multiple and international bank accounts.

● User-friendly interface for efficient budgeting and tracking.

● Premium plan offers additional, advanced features.


● Premium features may be costly for some users.

● May require time to learn and utilize all features effectively.

● Limited financial advice or investment guidance.

Why Seek an Alternative to PocketSmith?

While PocketSmith offers robust tools for financial management, users might look for alternatives for various reasons. Some may seek platforms with different features, better pricing, or a focus on specific financial aspects like retirement planning or investment tracking.

Exploring alternatives provides a broader perspective, enabling users to find a tool that aligns closely with their personal finance goals and strategies. This article details the top three alternatives, but if you are looking for a more comprehensive dive into the industry, check out my detailed article about the top net worth trackers.

Learn More About PocketSmith

Top Three PocketSmith Alternatives


4.2 stars
Fees Varies
Best For Overall personal finances
  • Long-standing reputation in personal finance software.
  • Comprehensive tools for budgeting and financial tracking.
  • Connects to a wide range of financial institutions.
  • Advanced features for detailed investment tracking.
  • Real-time data for up-to-date financial insights.
  • Budget planning calendar to align with financial goals.
  • Notable customer service record.
  • Risk-free 30-day trial for new users.
  • Promo: Save 50% on the first 2 months with our link!
Quicken stands as a veteran in the personal finance software arena, offering a comprehensive suite of budgeting and tracking tools. It seamlessly connects to a wide array of financial institutions, enabling users to easily monitor their income, expenses, and investments in one place.

The platform excels in providing real-time data, ensuring users have up-to-date financial insights at their fingertips. Quicken's budget planning calendar is particularly noteworthy, as it allows users to set and track financial goals over time.

Moreover, its advanced features for investment tracking make it an ideal tool for users who want to keep a close eye on their investment portfolios. The combination of these features, along with a long-standing reputation for customer service excellence, positions Quicken as a top-tier choice for personal financial management.

The origin of Quicken dates back to 1983, following a chance encounter between Scott Cook, a former Procter & Gamble marketing manager, and Tom Proulx, a Stanford University computer science major. Inspired by the challenges of manual bill payments, Cook envisioned a tool that could simplify this process, especially during the early days of personal computing.

Together, Cook and Proulx developed Quicken, which quickly became the best-selling personal finance software. Now, with over three decades of history, Quicken has assisted over 20 million customers in managing and growing their wealth.

Under the leadership of CEO Eric Dunn, a veteran at Intuit, Quicken's former parent company, the software continues to evolve, adapting to modern trends and expanding its offerings to meet the needs of a diverse user base.


4.4 stars
Fees Varies
Best For Retirement planning
  • Comprehensive retirement planning tools.
  • Real-time data tracking for retirement accounts.
  • Wealth management and advisory services.
  • Customizable rules for personalized retirement planning.
  • Advanced forecasting features for retirement.
  • Connects to various retirement accounts.
  • 14-day free trial.
  • Promo: Start a 14-day free trial!
NewRetirement stands out as a comprehensive retirement planning tool, offering a suite of features tailored to managing retirement savings and goals. The platform allows users to track retirement age and savings progress in real time, connecting seamlessly with multiple retirement accounts for a consolidated view.

One of NewRetirement's strengths is its wealth management advisory services, which provide expert guidance on retirement planning. Users can also benefit from custom rules and advanced forecasting features, enabling them to create personalized retirement plans.

With tools to account for factors like taxes, real estate, and medical expenses, NewRetirement offers a holistic approach to retirement planning, helping users understand the full scope of their future financial needs.

Founded in 2005 by brothers Stephen and Tim Chen, NewRetirement was inspired by Stephen's own experience of finding affordable retirement planning tools for his mother. Recognizing a gap in the market for accessible financial planning resources, the Chens set out to create a platform that offered trustworthy, comprehensive retirement planning tools at an affordable price.

Today, NewRetirement is renowned for its quality and transparency, earning an A+ rating from the Better Business Bureau. The platform caters to a wide user base, offering foundational tools, educational content, and a community for individuals seeking financial security and informed retirement planning.

Monarch Money

4.5 stars
Fees $14.99/month or $99/year
Best For Financial goals
  • Comprehensive suite of financial tools.
  • Visualization tools for setting and tracking financial goals.
  • Integrated budget planning calendar.
  • Features specifically for retirement tracking.
  • Insightful real budget analysis.
  • Highly rated mobile app for on-the-go finance management.
  • Compatibility with multiple bank accounts.
  • 7-day free trial for new users.
  • Promo: Start a 7-day free trial!
Monarch Money is a financial management platform that emphasizes visualization and goal-setting. It provides users with tools to clearly define and track their financial goals, whether they are related to retirement, savings, or investments.

The platform's integrated budget planning calendar enables users to effectively plan their finances, offering insights into spending patterns and helping them make better financial decisions. Monarch Money's strength lies in its user-friendly interface and top-rated mobile app, which allow users to manage their finances on the go. The platform supports connections with multiple bank accounts, offering a comprehensive view of one's financial situation.

Monarch Money was founded in 2019 in the Greater Los Angeles Area by Val Agostino, along with Jonathan Sutherland and Osman Ahmed Osman. Agostino, inspired by his own financial management challenges, aimed to create a platform that focused on overall financial growth rather than just tracking expenses.

Monarch Money is designed to provide users with a clear overview of their finances, assisting them in setting personalized budgets and achieving their financial goals. This approach has distinguished Monarch Money in the crowded field of financial tools, making it a standout choice for users seeking to visualize and realize their financial aspirations.

Final Thoughts

PocketSmith serves as a powerful tool for individuals seeking detailed financial forecasting and tracking. It is particularly beneficial for users who require international bank compatibility and a user-friendly interface. Click here to explore PocketSmith further. Don’t forget to take advantage of PocketSmith coupon codes.

For those with specific needs like comprehensive retirement planning or in-depth investment tracking, alternatives like Quicken, NewRetirement, and Monarch Money might offer more tailored solutions. Each platform has its strengths, and by understanding these, users can choose the one that best aligns with their personal financial goals and management style.

Whether it's PocketSmith or one of its alternatives, the right financial tool can be a game-changer in achieving financial stability and growth.

Save 50% for the first 2 months with our link on PocketSmith! Get Started With PocketSmith
Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. He’s a father of 2 beautiful girls, a dog owner, a long-time online entrepreneur and an investing enthusiast.