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Getting Started with PocketPlan: Quick Start Guide
Welcome to PocketPlan — your all-in-one financial planning platform designed to help you track progress and optimize your future.
This guide walks you through the essential steps to:
- set up your account
- link your financial data
- generate your first Retirement Score
Phase 1: Setup and Security (5 Minutes)
Setting up your account properly ensures both accuracy and security.
Download and Install
Download the PocketPlan app from your device’s app store.
Create Your Account
Sign up using:
- your email address
- a strong, unique password
Verify Your Email
Click the verification link sent to your inbox to activate your account.
Enable Security Features
Navigate to Settings → Security and enable:
- Biometric login (Face ID / Touch ID)
- Two-Factor Authentication (2FA)
👉 This step protects your financial data and prevents unauthorized access.
Phase 2: Data Linking and Plan Setup (10 Minutes)
Your results depend entirely on the accuracy of your data.
Step 1: Link Your Financial Accounts
Go to Linked Accounts and connect:
- checking accounts
- savings accounts
- brokerage accounts
- retirement accounts
Using Plaid, PocketPlan securely imports your real-time financial data.
Result:
Your Net Worth (Assets) is automatically calculated.
Step 2: Define Personal Goals
Navigate to:
My Plan → Personal Info
Enter:
- current age
- retirement age
- annual household income
Result:
These inputs define your financial timeline and projections.
Step 3: Set Your Spending Goal
Go to:
My Plan → Spending
Enter your desired annual retirement spending
(e.g., $75,000 per year)
Result:
This determines your Financial Freedom Number (FFN) — the capital required to sustain your lifestyle.
Phase 3: View Your Results
Once your data is connected, PocketPlan automatically runs advanced simulations.
View Your Retirement Score
Your Retirement Score appears on the dashboard
(e.g., 78%)
👉 This represents the probability that your current plan will successfully fund your retirement.
Review Your Financial Freedom Number
The FFN shows the exact amount of money you need to reach financial independence by retirement.
Start Optimizing Your Plan
Use the Scenarios tool to test improvements:
- increase monthly contributions
- adjust retirement age
- modify spending
👉 Example: Increasing your savings by $100/month can immediately boost your Retirement Score.
Why PocketPlan Works
PocketPlan uses advanced financial modeling, including Monte Carlo simulations, to:
- forecast future outcomes
- analyze risk
- provide realistic probabilities
This gives you a data-driven approach to financial planning instead of guesswork.
Key Takeaway
Getting started with PocketPlan takes less than 15 minutes.
By linking your accounts, defining your goals, and reviewing your Retirement Score, you gain a clear and actionable view of your financial future.
Frequently Asked Questions
What is a Retirement Score in PocketPlan?
It is a probability percentage showing how likely your current plan will successfully fund your retirement.
How does PocketPlan calculate my plan?
It uses Monte Carlo simulations based on your assets, income, and goals.
Is it safe to link accounts with Plaid?
Yes, Plaid uses bank-level encryption and does not store your login credentials.
How long does setup take?
Most users can complete setup and get their first results in under 15 minutes.
