#1 Retirement Distribution Planning Tool · 4 consecutive years · T3 Survey
Specific monthly spending answers, tax-aware withdrawal strategy, Social Security claiming context, and AI-powered meeting follow-through in one connected workflow that updates as portfolios move.
The Old Way
“You have an 82% probability of success.”
A number and a hope. Not an answer.
“What if I run out?”
What your client is thinking
The Income Lab Way
“You can spend $8,200 per month. Here's when that adjusts.”
Guardrails. Specific. Actionable. In the meeting.
“I know I won't.”
What your client walks out with
The 30-year retirement plan. This year's tax strategy. Next meeting's answer. Most tools pick one. Income Lab does all three.
Long-Term Plans
Not a probability. A plan. Specific spending amounts and the triggers that adjust them.
Not "you have an 82% chance." Instead: "you can spend $8,200/month, and here's the trigger that would change it."
When markets fall, the plan adjusts. Show your client before they call you in a panic.
9,000+ claiming strategies per household. Highest-rated Social Security tool in the industry.
2008 crash. Dot-com bubble. Great Depression. Show your client how the plan held up.
Every income source, expense, asset, and liability on one screen. The complete map clients understand.
Turn Plans Into Actions
Your client asks. You answer before the meeting ends. Every number verified, every source cited.
"Should I convert $200K?" Get the exact bracket impact, optimal amount, and IRMAA fallout in seconds.
One extra dollar can trigger $1,800/yr in Medicare surcharges. Penny maps every threshold and flags the cliffs.
Sell the house. Retire early. Start a business. Model any life change against the full plan in real time.
Which account to pull from, when, and why. Year-by-year tax consequences, not guesswork.
Beneficiary optimization, gift vs. step-up, inherited IRA strategies. Conversations that deepen relationships.
Verified math, not AI guesswork.
Both sides connected to the same client plan. No re-entering data. No switching tools.
Income Lab works your way, not ours. Drop in the plans, notes, and conversations you already have. The platform builds the rest.
01 · Plan Builder & Updater
Old plans, intake forms, custodian exports. Income Lab builds the plan from what’s already on your desk.
02 · Income Lab Pro Scribe
Action items, assumptions, and decisions, parsed straight from the conversation. The plan is half-built before you leave the room.
03 · Income Lab Pro Interviewer
Clients answer at their own pace. The plan builds itself as they go. No advisor data entry required.
We work your way. Not the other way around.
Pro is the full Income Lab platform. Spending answers, tax analysis, stress testing, Social Security optimization. Everything from Core. Plus the AI productivity suite that ends data entry, Penny your AI paraplanner, and practice-wide intelligence that surfaces opportunities across every household.
Real questions. Verified answers. Every one connected to your client's actual plan.
“Should the Hendersons convert $200K to Roth this year?”
Optimal conversion: $147K to stay under the 32% bracket. IRMAA-safe. Saves $34K in lifetime taxes.
Roth Conversion Analyzer
“What happens to Medicare premiums if we take an extra $50K distribution?”
Crosses the $206K IRMAA threshold. Part B jumps $1,848/yr for two years. Consider splitting over two tax years.
IRMAA Threshold Mapping
“When should the Chens claim Social Security?”
Spouse at 64, primary at 67. Mortality-adjusted. $42K more in lifetime benefits vs. both waiting to 70.
Social Security Optimizer
“Can the Parkers afford to retire at 62?”
Yes, at $7,400/mo. Guardrail trigger: reduce to $6,800 if portfolio drops below $1.1M. Currently at $1.4M.
Guardrails Spending Analysis
“How much can the Thompsons give to charity this year tax-free?”
QCD up to $105K from IRA. Saves $8,200 vs. standard distribution plus separate donation.
Charitable Giving Optimizer
“What if the market drops 30% next month?”
Spending adjusts from $8,200 to $7,100/mo. No panic. The guardrails already account for this.
Scenario Stress Testing
“Should we do a backdoor Roth for the Millers?”
Pro-rata rule applies. $340K in traditional IRA. Conversion would trigger $28K in taxes. Better: convert over 3 years.
Roth Conversion Analyzer
“Upload this 1040. What do you see?”
Three opportunities: $89K Roth window, IRMAA cliff in 2 years, and $12K in charitable giving optimization.
Document Analysis
“The Garcias want to move from California to Texas. Tax impact?”
State tax savings: $14,200/yr. But triggers IRMAA recalculation. Net benefit: $11,400/yr after Medicare adjustment.
State Tax Comparison
“How should we sequence distributions for the Johnsons?”
Taxable first through age 72, then Roth conversion window opens. Saves $67K in taxes over the plan horizon.
Distribution Sequencing
“What does the inherited IRA timeline look like for their daughter?”
10-year distribution required. Front-loaded strategy saves $23K vs. even distribution. Back-loaded costs $8K more.
Inherited IRA Optimizer
“Run a stress test: 2008-level crash starting today.”
Portfolio drops to $980K. Spending adjusts to $6,200/mo for 14 months. Recovers to full spending by month 22. They are okay.
Scenario Stress Testing
“What is the Smiths NUA opportunity worth?”
Company stock basis: $42K. Current value: $310K. NUA strategy saves $53K vs. ordinary income treatment on full distribution.
NUA Analysis
“Can we accelerate Roth conversions before RMDs start?”
3-year window. Optimal: $128K/yr. Fills the 24% bracket without triggering IRMAA. Total tax savings: $91K over 20 years.
Marginal Rate Explorer
“What ACA subsidy are the early retirees leaving on the table?”
Current MAGI: $78K. Reduce to $69K with Roth distributions. Unlocks $9,400/yr in premium tax credits until Medicare at 65.
Medicare Roadmap
“Show me every opportunity across my entire client base.”
Practice Intelligence found 47 action items across 31 households. 12 Roth windows, 8 IRMAA risks, 6 SS timing, 21 tax strategies.
Practice Intelligence
“Should the Hendersons convert $200K to Roth this year?”
Optimal conversion: $147K to stay under the 32% bracket. IRMAA-safe. Saves $34K in lifetime taxes.
Roth Conversion Analyzer
“What happens to Medicare premiums if we take an extra $50K distribution?”
Crosses the $206K IRMAA threshold. Part B jumps $1,848/yr for two years. Consider splitting over two tax years.
IRMAA Threshold Mapping
“When should the Chens claim Social Security?”
Spouse at 64, primary at 67. Mortality-adjusted. $42K more in lifetime benefits vs. both waiting to 70.
Social Security Optimizer
“Can the Parkers afford to retire at 62?”
Yes, at $7,400/mo. Guardrail trigger: reduce to $6,800 if portfolio drops below $1.1M. Currently at $1.4M.
Guardrails Spending Analysis
“How much can the Thompsons give to charity this year tax-free?”
QCD up to $105K from IRA. Saves $8,200 vs. standard distribution plus separate donation.
Charitable Giving Optimizer
“What if the market drops 30% next month?”
Spending adjusts from $8,200 to $7,100/mo. No panic. The guardrails already account for this.
Scenario Stress Testing
“Should we do a backdoor Roth for the Millers?”
Pro-rata rule applies. $340K in traditional IRA. Conversion would trigger $28K in taxes. Better: convert over 3 years.
Roth Conversion Analyzer
“Upload this 1040. What do you see?”
Three opportunities: $89K Roth window, IRMAA cliff in 2 years, and $12K in charitable giving optimization.
Document Analysis
“The Garcias want to move from California to Texas. Tax impact?”
State tax savings: $14,200/yr. But triggers IRMAA recalculation. Net benefit: $11,400/yr after Medicare adjustment.
State Tax Comparison
“How should we sequence distributions for the Johnsons?”
Taxable first through age 72, then Roth conversion window opens. Saves $67K in taxes over the plan horizon.
Distribution Sequencing
“What does the inherited IRA timeline look like for their daughter?”
10-year distribution required. Front-loaded strategy saves $23K vs. even distribution. Back-loaded costs $8K more.
Inherited IRA Optimizer
“Run a stress test: 2008-level crash starting today.”
Portfolio drops to $980K. Spending adjusts to $6,200/mo for 14 months. Recovers to full spending by month 22. They are okay.
Scenario Stress Testing
“What is the Smiths NUA opportunity worth?”
Company stock basis: $42K. Current value: $310K. NUA strategy saves $53K vs. ordinary income treatment on full distribution.
NUA Analysis
“Can we accelerate Roth conversions before RMDs start?”
3-year window. Optimal: $128K/yr. Fills the 24% bracket without triggering IRMAA. Total tax savings: $91K over 20 years.
Marginal Rate Explorer
“What ACA subsidy are the early retirees leaving on the table?”
Current MAGI: $78K. Reduce to $69K with Roth distributions. Unlocks $9,400/yr in premium tax credits until Medicare at 65.
Medicare Roadmap
“Show me every opportunity across my entire client base.”
Practice Intelligence found 47 action items across 31 households. 12 Roth windows, 8 IRMAA risks, 6 SS timing, 21 tax strategies.
Practice Intelligence
The average advisor loses 5 to 8% of clients per year to attrition. The ones who keep them are the ones who bring value proactively, not just reactively. That's what Income Lab is built for.
Answer every question with Income Lab. Show them the plan is working before they ever need to call. That confidence is what keeps clients for the long term and creates organic referrals.
Practice Intelligence scans every household and finds what you'd miss. Not alerts about markets. Actions for specific clients worth specific dollars. Proactive advice that deepens every relationship.
More households means more intelligence. More intelligence means more opportunities. The tool gets smarter the more you use it. Better outcomes, better retention, more referrals.
What Practice Intelligence finds in a single scan
The Johnsons: $180K conversion in the 24% bracket. Window closes in 8 months when pension distributions begin.
The Parks: $2,400 above the IRMAA threshold. One distribution adjustment saves $1,800/yr in Medicare premiums. Two-minute fix, massive client impact.
The Chens: Claiming at 67 vs. 65 puts $42K more on the table. Most tools wouldn't flag this. Practice Intelligence did.
The Thompsons: Charitable intent plus RMD obligation. A QCD strategy saves $8,200 this year. The kind of proactive advice that keeps clients for life.
No other planning tool finds revenue opportunities across your entire practice.
SOC 2 Type II certified · Enterprise-grade security · View all integrations
Income Lab has been an important and wonderful addition to my tech stack. Income Lab has helped my worried clients, where percentages didn’t look good enough, see that they are okay in a way that they can understand. It aligned their finances with their decision on when to retire giving them a life of financial freedom from stress and worry.
Income Lab has been a game changer for me. I’ve used other financial planning software, but one thing that always bothered me is the Monte Carlo probability-of-success percentages. You put in a client’s numbers, and it spits out a probability of success. I’ve always found that to be vague and unsatisfactory, especially when it becomes client-facing. With Income Lab it’s very clear how much you can spend and the guardrails around that number.
Income Lab is the most comprehensive and sophisticated retirement income solution in the current fintech landscape. Not only does it facilitate better, more informed decisions about retirement distribution sufficiency; it also models the various decumulation strategies on an after-tax basis, to help advisors help clients maximize their after-tax retirement income.
14-day free trial. All Pro features. No contracts.
See why top advisors choose Income Lab for retirement planning.
Explore the platform, the research, and the results.
Every capability, every scenario, every tool. The full Penny deep dive.
→ Pillar GuideThe complete guide to dynamic spending, adjustment-based planning, and why guardrails replace Monte Carlo.
→ AI ProductivityDrop in old plans, intake forms, or meeting notes. Income Lab builds the plan from what you already have.
→ LearnTraining, live webinars, and on-demand education from the Income Lab team.
→ PlansCore and Pro plans. Transparent pricing. 14-day free trial on both.
→ Ready?See Income Lab in action. Most advisors who see it start using it.
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