Quicken Simplifi just got three major updates that make managing your money easier and more insightful than ever. Whether you’re planning for retirement, preparing for tax season, or simply staying on top of credit card payments, these new features deliver real value.

Here’s everything you need to know about what’s new.

Retirement Planner: See your financial future clearly

Planning for retirement involves juggling multiple factors—savings rates, investment returns, inflation, and countless what-if scenarios. The new Retirement Planner (available only on the web) brings clarity to this complex process with dynamic visualizations and real-time modeling.

Key capabilities

The Retirement Planner creates a comprehensive retirement roadmap that combines all your income sources, savings milestones, and projected expenses into one clear timeline. What sets it apart is its flexibility—every input can be adjusted to see immediate results.

Want to see what happens if you increase your 401(k) contributions by 2%? Curious how working an extra three years might impact your retirement lifestyle? The planner instantly recalculates and shows you the outcomes through intuitive charts and projections.

The scenario-based optimizer lets you test different strategies side by side. Compare aggressive versus conservative investment approaches, evaluate the impact of part-time work in retirement, or see how other factors might affect your plans. Each scenario provides clear visualizations that make complex calculations easy to understand.

Practical applications

The Retirement Planner handles both simple questions and complex scenarios with equal ease. Use it to:

  • Determine if your current savings rate aligns with your retirement goals
  • Evaluate how market volatility might impact your timeline
  • Plan for different retirement ages and see the trade-offs
  • Factor in Social Security, pensions, and other income sources
  • Adjust for inflation and changing expense needs over time

The visual presentation transforms abstract numbers into actionable insights, helping you make informed decisions about your retirement strategy.

Tax Reports: Transform tax season from scramble to strategy

Tax preparation often means hours of gathering documents, categorizing expenses, and double-checking calculations. The new Tax Reports feature streamlines this entire process while helping you identify tax-saving opportunities throughout the year.

Automated intelligence

The system automatically generates IRS-ready Schedule A (Itemized Deductions) and Schedule B (Interest & Dividends) based on your tagged transactions and built-in reporting logic. This automation alone can save hours during tax season.

But the real value comes from year-round tax intelligence. The feature continuously analyzes your financial data to capture potential deductions and tax optimization opportunities. It tracks tax-related items like charitable donations, health expenses, and tax payments, including them in your end-of-year tax reports automatically..

Seamless tax software integration

When it’s time to file, one-click export sends your categorized tax data directly to popular tax software. No manual entry, no transcription errors, no hunting through statements. Your data arrives clean, organized, and ready for filing.

This integration means you spend less time on data entry and more time on strategic tax planning. Review the automated reports, make any necessary adjustments, and export with confidence.

Year-round benefits

Tax Reports shine brightest when used throughout the year:

  • Track deductible expenses as they happen
  • Identify opportunities to reduce your tax burden
  • Prepare for quarterly estimated payments
  • Generate reports for your tax professional at any time

By making tax planning an ongoing process rather than an annual scramble, you’ll likely discover savings opportunities you’ve been missing.

Bill Connect for credit cards: Automated accuracy for your payments

Quicken Simplifi has always helped track recurring payments, but credit cards present a unique challenge—the amount due changes every month. For those who pay off their balance in full, this variation can be significant. Bill Connect now solves this by connecting directly to your credit card company, automatically updating your payment reminders with the actual amount due each month.

Smart synchronization

Once you link a credit card payment series to your connected account, the app automatically pulls the current balance and due date directly from your bank. The system updates continuously, ensuring your payment reminders always reflect accurate information.

You control how payments are calculated with flexible options:

  • Statement balance (most common for avoiding interest)
  • Minimum payment due
  • Total current balance (including recent charges)
  • Manual entry (when you prefer to set custom amounts)

Due dates sync automatically too, adjusting when your credit card company shifts statement cycles. A built-in three-day buffer after statement close ensures accuracy while giving you time to review charges.

Real-world impact

This automation delivers several practical benefits:

  • Never miss a payment due to outdated reminder information
  • Avoid overpaying based on old balance data
  • Better cash flow planning with accurate upcoming payment amounts
  • Reduced time spent checking multiple credit card accounts
  • Confidence that your payment schedule stays current

Setting up Bill Connect takes just moments—select your credit card account, ensure it’s connected to your bank feed, and toggle on the Bill Connect option. From there, the system handles the updates automatically.

Why these updates matter

These three features share a common thread: they remove manual work while providing deeper insights into your finances. Together, they represent a significant enhancement to Quicken Simplifi’s capabilities. Each feature stands alone as a valuable tool, but they work even better as part of a comprehensive financial management approach.

The Retirement Planner helps you set long-term goals. Tax Reports ensures you’re optimizing along the way. Bill Connect keeps the day-to-day details accurate and automated. It’s a complete system for managing your financial life with less effort and better results.

Getting started

These features are now available to all Quicken Simplifi users. The Retirement Planner lives in the planning section, ready to help you model your future. Tax Reports can be accessed through the reports menu, with customization options to match your specific tax situation. Bill Connect activates through the edit menu of any recurring credit card payment series.

Each feature includes helpful guidance to get you started quickly. And remember, Quicken offers free phone and chat support if you need assistance setting up or using any of these new capabilities.

Financial management should be insightful, not overwhelming. These updates to Quicken Simplifi deliver on that promise, providing sophisticated tools that are genuinely easy to use. Take them for a spin and see how they can enhance your financial picture.