solutechsoftware.com

What It Is

Solutech Retirement Planner is a free retirement planning calculator for users in Canada and the United States. Its core purpose is to help users enter details such as current age, retirement age, asset allocation, savings, expenses, and CPP/OAS or Social Security assumptions, then quickly generate retirement projections. It is more of a personal financial decision-support tool than a traditional enterprise SaaS product.

Core Features and Security

The product supports real-time slider adjustments with charts that update instantly. It includes 1,000 Monte Carlo simulations and uses success probability to measure how resilient a retirement plan may be under different market scenarios. On the Canadian side, it covers CPP, OAS, OAS clawback, RRSP, and TFSA; on the U.S. side, it covers Social Security, 401(k), and taxable accounts, and can analyze Sequence of Returns Risk and changes in net worth. The site also provides retirement planning guides and article resources. In terms of data handling, the website clearly states that all calculations run locally in the browser and that data is not stored or shared. This is a privacy-friendly design, but it does not disclose enterprise-level security information such as encryption, audits, or compliance certifications.

Pricing and Ease of Use

The current page clearly states Free, No credit card ever, and No login required. No paid plans, trial limitations, or enterprise pricing were found. The user flow is short: enter basic information, drag sliders to explore scenarios, and review the success rate. It is suitable for non-professional users who want to get started quickly.

Pros and Cons

Its strengths are that it is free, requires no registration, provides instant feedback, and supports both Canadian and U.S. retirement systems. The Monte Carlo simulation also offers more practical reference value than a simple static calculator. Its limitations are that there is no visible support for third-party integrations, team collaboration, permission management, APIs, advisor-side workflows, or transparent documentation of model assumptions. For financial advisory firms or enterprise users, its manageability and auditability are limited.

Who It’s For and Access from China

It is best suited to individuals living, working, immigrating, or holding retirement accounts in Canada or the United States, especially for preliminary estimates around retirement age, government benefit claiming timing, and account withdrawal order. For Chinese users without Canadian or U.S. pension and tax scenarios, its practical value is limited. Access from China cannot be determined from the available content, and payment is not a concern because the page indicates it is free. Local alternatives in China may include wealth-planning tools from banks or brokerages, Excel models, or professional financial advisory services.