Plutify

What will my life be like in a decade or more? This is a question many people ask themselves. Aside from career and family planning decisions, the answer usually depends on health and how much money one has available. While personal health can be extremely hard to predict, the personal finance question can be analyzed and projected. To do that accurately, however, is far from easy.

Most online services focus on short-term budgeting and little to no assistance is offered with long-term questions, and hiring a financial advisor to review one’s situation is a luxury not many can afford. This leaves doing it yourself, which requires a considerable time investment and understanding of various economic subjects such as inflation, compounding interests, and economic modeling. Needless to say, this is not something most people know or even have an interest in learning.

We at Plutify aim to bring the knowledge and tools required to do accurate long-term financial planning into the hands of individuals regardless of their mathematical or economic background. To achieve this we will create an online platform where users can intuitively input their information and project their future finances with the option to simulate different scenarios and analyze their possibilities.