SoloFI vs ProjectionLab
Detailed comparison to help you choose the right financial tool for your freelance business
ProjectionLab models your future; SoloFI optimizes your present
ProjectionLab is excellent for FIRE enthusiasts who want to stress-test detailed scenarios—if you love spreadsheets, you'll love it. But if you're self-employed, it's missing the tools that actually move the needle: SE tax, S-Corp analysis, Solo 401k, and FEIE. SoloFI covers both the projection and the optimization.
SoloFI
Financial independence for freelancers
Freefreelancer-first
Best for:
- Freelancers and self-employed pursuing FIRE
- Solopreneurs optimizing taxes while building wealth
- Self-employed wanting S-Corp and retirement guidance
- Those exploring geographic arbitrage strategies
Key advantages:
- SE tax and quarterly payment calculators
- S-Corp analysis—critical for high-earning freelancers
- Solo 401k and SEP IRA optimization
- FEIE and geographic arbitrage tools
- Portfolio optimization and withdrawal stress test
- Free to use
ProjectionLab
Model your financial future
$11/moor $99/yr for premium
Best for:
- FIRE enthusiasts who love detailed scenario modeling
- DIY investors with complex portfolios
- Those wanting granular what-if analysis
- Technical users comfortable with financial modeling
Limitations:
- No self-employment tax calculator
- No S-Corp or business structure analysis
- No quarterly tax estimation for freelancers
- No FEIE or geographic arbitrage calculators
- Steep learning curve for non-technical users
- Not designed for self-employed income complexity
Feature Comparison
| Feature | SoloFI | ProjectionLab |
|---|---|---|
Net Worth Tracking | ||
FI / FIRE Calculator | ||
Lifetime Income Projection | ||
Withdrawal Stress Test Monte Carlo simulations | ||
Roth Conversion Planning | ||
Portfolio Optimization | basic | |
Scenario Modeling | basic | |
SE Tax Calculator Self-employment tax for freelancers | ||
Quarterly Tax Estimates | ||
S-Corp Analysis | ||
Solo 401k / SEP IRA Optimizer | ||
HSA Optimization | ||
QBI Deduction Calculator | ||
FEIE Calculator Foreign Earned Income Exclusion | ||
Geographic Arbitrage | ||
Collaboration / Sharing | ||
Bank Syncing | coming soon | |
Price | Free | $11/mo ($99/yr) |
Choose SoloFI if you...
- Are self-employed or freelance and need SE tax tools
- Want S-Corp analysis to decide your business structure
- Need Solo 401k and SEP IRA optimization
- Are exploring geographic arbitrage or FEIE
- Want financial tools purpose-built for solopreneurs
- Prefer a free, streamlined experience
Choose ProjectionLab if you...
- Love deep scenario modeling and granular what-if analysis
- Are a W-2 employee with complex investment portfolios
- Want detailed partner/spouse collaboration features
- Are comfortable with a technical, data-heavy interface
- Want the most detailed FIRE planning tool available