Investing, Saving Money, Tips

Personal Capital Review: Key Features, Pros, Cons

Personal Capital Review: Key Features, Pros, and Cons

Personal Capital is a free service that helps you track your net worth, manage your investments, and plan for retirement.

You might be surprised to learn that Personal Capital was founded in 2009 by Bill Harris. Mr. Harris is the former CEO of Intuit and PayPal! This fun fact certainly explains why this platform is one of the best wealth management apps you can find.

Personal capital has helped thousands of people get on top of their finances with its simple user interface. They offer many essential features including an investment dashboard, net worth tracker, retirement planning tools, and goal-setting tools for saving money or investing more aggressively based on your risk tolerance levels. Read on to learn more about the pros and cons of this platform!

Table of Contents

Personal Capital Review: 3 Key Features

Though there are many reasons to love Personal Capital, there are three key features that really make this app shine: net worth tracker, retirement calculator, and planner, and 401k Early Withdraw Calculator.

As someone who is interested in retiring early, I find that Personal Capital offers the most extensive financial planning tools that are available for free. In fact, I’ve never paid for any of their services and I’ve been using them for years!

They offer financial planning resources as lead generation for their investment advisory services, which is completely optional. In fact, if you are a smaller investor, their financial advisors likely will not reach out to you until you have reached over $100k in linked investments.

Of course, if you are interested in using them as your financial advisor, I’m sure you can reach out before then!

About Kat

Kat is a UC Berkeley graduate who launched her career at San Francisco startups, but her true passion has always been personal finance and the pursuit of early retirement. Since college, she committed to aggressive saving, building up a financial cushion—her "FU money"—to gain independence and take risks. In 2019, at just 24, Kat used her savings to travel the world while building her first business, which continues to thrive today. Through her blog, Cash for Kat, Kat initially documented her travels and entrepreneurial journey. Now, she shares personal finance strategies, business insights, and tips on financial freedom, empowering others to take control of their money and create the life they want.
View all posts by Kat →

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