Interactive Brokers has introduced a new Retirement Planner feature to its PortfolioAnalyst® tool. This addition aims to strengthen the platform's already robust suite of portfolio management solutions by offering enhanced portfolio reporting and retirement planning capabilities.

Designed with a user-friendly interface and intuitive dashboard, PortfolioAnalyst® provides investors with a comprehensive overview of their financial health, instilling confidence in managing their investments.

PortfolioAnalyst® serves individual investors, financial advisors and brokers, enabling them to utilize top-level portfolio analytics. It facilitates oversight of investment portfolios and consolidation of financial data across multiple brokerage and external accounts, covering more than 15,000 financial institutions. Users can link accounts from Interactive Brokers and other brokers, as well as checking, savings accounts, credit cards, annuities, incentive plans, mortgages and student loan accounts. This holistic approach provides a single view of their financial health and simplifies investment decisions.

Key features of PortfolioAnalyst® include multi-custodial solutions, sophisticated reporting, benchmarks, risk metrics and the newly introduced personalized Retirement Planner. This planner is designed to help investors assess their retirement readiness and set financial goals. By entering and customizing data for various accounts and financial assets, investors can determine if their cash flow will be sufficient for retirement.

Steve Sanders, Executive Vice President of Marketing and Product Development at Interactive Brokers, said, “PortfolioAnalyst® is a powerful tool with advanced portfolio analytics that allows investors to make informed investment choices. We are excited to add Retirement Planner to our services. PortfolioAnalyst® provides a clear and complete picture of assets and holdings. Anyone, from experienced traders to novice investors, can use it to track and evaluate their portfolios, manage their finances and achieve financial success.”

Interactive Brokers began operations in 1977 and is the recipient of many prestigious honors and awards. The company provides its clients with a wide range of services that enable them to engage in investing and active trading.