Quick Start Guide
Welcome to Praxion Finance! New users go through a short Quick Start to create their first retirement profile, then land on the Dashboard. You can add more detail anytime via Edit Profile.
1. Create Your Account
Sign up is free and takes about a minute. No credit card required. You can also try as a guest and convert to a full account later.
- Click "Sign Up" or "Try as guest" on the homepage
- Enter your email and password (or use Google sign-in)
- Verify your email if required
- You'll be taken to Quick Start to create your first plan
2. Quick Start — Create Your First Profile
Quick Start is a short form that gets you to a working plan fast. You enter the basics: age, retirement age, state, income, expenses, total savings, and desired retirement income. We apply smart defaults for account breakdown so you can see projections right away.
- Name your profile (e.g. "Base Plan")
- Enter ages, state, income, expenses, total savings, and retirement income goal
- Optionally add a savings breakdown (401k, Roth, brokerage, cash)
- Submit → your profile is created and you're taken to the Dashboard
3. Dashboard & Edit Profile
From the Dashboard you see key metrics and charts. To refine your plan or add more detail (accounts, Social Security, tax strategy, etc.), use Edit Profile(Profile Summary / onboarding), which walks you through the full step-by-step flow.
- Dashboard: Key metrics, projections, and analysis
- Edit Profile (onboarding): Add or update details in organized steps
- You can create additional profiles later to compare scenarios
Edit Profile: Full Onboarding Steps
When you want to add or change details (accounts, Social Security, taxes, etc.), use Edit Profile from the Dashboard or nav. The flow is organized into these sections:
Foundation (Steps 1–5)
- Basic Information: Age, marital status, filing status
- Risk & Goals: Risk tolerance, retirement goals, life expectancy
- Income: Current salary, expected raises, spouse income
- Working Years Expenses: Current monthly spending
- Debts & Liabilities: Credit cards, student loans, other debts
Assets (Steps 6–7)
- Retirement Accounts: 401(k), IRA, Roth balances and contributions
- Taxable Investments & Cash: Brokerage, cash savings
Goals & Benefits (Steps 8–9)
- Retirement Goals, Social Security & Part-Time Income: Target retirement age, Social Security, charitable giving
- Pension Income: Pension benefits and tax treatment
Living Expenses (Steps 10–12)
- Housing & Mortgage: Current and future housing
- Rental Property Income: Investment properties
- Healthcare & Insurance: Medicare, HSA, healthcare costs
Strategy & Review (Steps 13–15)
- Investment Preferences: Risk tolerance, surplus allocation
- Growth Rates: Expected investment and inflation rates
- Tax & Withdrawal Strategy: Roth conversions, withdrawal planning
- Life Events: Major expenses and life changes
- Review & Complete: Final review (for new profiles)
Key Planning Tools
Monte Carlo Simulation
Runs thousands of market scenarios to calculate your probability of not running out of money. See how market volatility might affect your retirement.
Year-by-Year Projections
Detailed projections showing your income, expenses, taxes, and wealth from now through the end of retirement.
Roth Conversion Analyzer
Analyzes whether Roth conversions could save you money on lifetime taxes and suggests optimal conversion amounts based on your tax situation.
Historical Stress Test
See how historical market events like the 2008 financial crisis or 2000 dot-com crash would have affected your retirement plan.
Action Plan
Get personalized analysis organized by priority to help you explore your retirement strategy.
Tips for Accurate Results
- Use actual balances: Enter your real account balances, not estimates
- Be realistic about returns: Historical stock returns average 7-8% before inflation
- Include all income: Don't forget Social Security, pensions, and part-time work
- Plan for healthcare: Medical costs increase significantly in retirement
- Update regularly: Revisit your plan annually or when major life changes occur
Ready to Get Started?
Create your free account and start planning your retirement today. No credit card required.
Need Help?
If you have questions or feedback, please contact us. We're continuously improving the platform based on user feedback.