What features are included in the free version of Personal Capital?

The free version of Personal Capital offers a diverse array of features that can assist individuals in managing their finances effectively. One of the primary tools available is the financial dashboard, which provides a comprehensive overview of various financial accounts. Users can link their bank accounts, investment accounts, retirement accounts, and credit cards to this dashboard. This integration allows for a consolidated view of one’s financial situation, making it easier to track spending, income, and investments. Another key feature is the budgeting tool. Through this feature, users can categorize their expenses and establish budgets for different spending categories. It helps to visualize where money is going each month, which is essential for effective personal financial management. In addition to budgeting, the free version includes investment tracking capabilities as well. Users can monitor their investment performance and asset allocation across all accounts, offering insights into how well their investments are performing relative to their goals and benchmarks. Personal Capital also provides retirement planning tools that can analyze users’ retirement savings, projected growth, and the potential impact of contributions over time. Users have access to a retirement planner that estimates how much they may need for retirement, based on their current savings and lifestyle choices. Overall, the free version of Personal Capital is a robust tool for personal finance management, offering valuable features that aid users in achieving a better understanding of their financial health and planning for the future. For more details, individuals may wish to explore the Personal Capital website.