It's interesting how many tools can analyze where your money has been going, but few go deep on the planning + forecasting side.
Have you thought about building out the "retirement" module more? If you need any inspiration, I've been working on a personal finance simulator [1] for the past two and a half years as a side project.
Really great job with the docs on this, and I love that you include a demo environment!
I imagine that eventually we'll see an app that pulls budgeting, tracking, and planning all together in a fully seamless way. Whoever manages that will probably be a force to be reckoned with.
I have seen projectionlab before and agree with you. There are few tools on the forecast side. Most of them stop at budgeting. I do have plans to make retirement page generic (aka Goals/Target), but I am yet to figure out the details.
In an ideal world, double entry accounting would be your database and there would be lot of tools that use that and focuses on a specific niche. But we are far from that and everyone wants to create their own data island.
Realistically, the data you need for retirement planning doesn't intersect much with double entry personal finance data. How much you spend on subway last week has nothing do to with your risk of financial ruin at age 90.
All you really need from that dataset is your current portfolio. Everything else you need is specific to investing -- variance of investment, portfolio mix, covariance of returns, age of retirement, life expectancy, etc. From that standpoint, it's practically an entirely new product.
There's also something to be said about the 4 percent rule, and whether additional forecasting work actually improves outcomes. Heuristics seem do to a decent job.
Have you thought about building out the "retirement" module more? If you need any inspiration, I've been working on a personal finance simulator [1] for the past two and a half years as a side project.
Really great job with the docs on this, and I love that you include a demo environment!
I imagine that eventually we'll see an app that pulls budgeting, tracking, and planning all together in a fully seamless way. Whoever manages that will probably be a force to be reckoned with.
[1]: https://projectionlab.com