Quicken (Simplifi & Classic)

Key features

• Aggregates virtually all major investment account types (401(k), IRAs, brokerage, 403(b), other retirement accounts, and taxable brokerage) from 14,000+ financial institutions into a single portfolio view showing holdings, balances, performance, and retirement savings across all accounts (Simplifi & Classic).
• Simplifi investments dashboard calculates both Time-Weighted Return (TWR) and Internal Rate of Return (IRR) across accounts, updates values with real-time market prices, and provides a curated news feed based on your specific holdings.
• Classic portfolio tools (Portfolio view, Investing tab, and Investing portfolio tab on Mac) show market value over time, standard performance views (value, performance, realized gains), and allow grouping by account type, security, or asset class, including “as of” snapshots.
• Portfolio Analyzer in Classic creates a comprehensive report with average annual return, asset allocation snapshot, standard-deviation-based risk profile, largest holdings and accounts, and a “Tax implications” section summarizing realized gains and holding periods.
• Portfolio X-Ray in Classic analyzes mutual funds, ETFs, and other equity funds to “look through” underlying holdings and reveal true exposure to individual equities, improving diversification insight.
• Capital Gains Estimator (Classic investing tiers) lets you model potential sales before you trade by proposing lots to sell, estimating proceeds, and showing projected capital gains using your tax bracket settings and Term (short/long) breakdown; it integrates with the Tax Planner for more accurate projections.
• Quicken records purchase dates and prices for investment transactions and tracks lots so you can identify which shares to sell; you can choose from methods like first shares in or last shares in to help manage realized gains.
• Built-in tax reports in Classic (including Schedules A, B, and D in Premier and business schedules C/E/F and FBAR support in Business & Personal) plus export options let you send tax data to TurboTax and other tax software via TXF files and dedicated Tax Schedule and Capital Gains reports.
• Lifetime Planner in Classic (Windows) uses your existing financial data and configurable assumptions (major life events, retirement age, inflation, returns) to generate long-horizon projections and compare different scenarios.
• Simplifi’s Retirement Planner lets you combine existing investment balances, planned contributions, projected expenses, and post-retirement income to see a personalized savings projection via an interactive chart and test different savings scenarios.
• Portfolio views and reports can be exported to Excel and other spreadsheet tools; Classic provides explicit “Export to Excel” from the Investing → Portfolio view and CSV/Excel export options for comparison and tax reports.
• Supports detailed security metadata, including security type (stock, mutual fund, U.S. savings bond, bond, employee stock option, ESPP, CD, market index, other), tax-free flag, asset classes or asset-class mixtures, estimated income, and optional ratings and comments, all managed via the Security List.
• Allows multiple currency support at the security level (via a currency field that appears when multiple currency support is enabled), enabling multi-currency portfolios while still downloading asset class information and quotes for supported tickers.
• Online services connect directly to participating financial institutions to download transactions, balances, and holdings for investment accounts; you can also choose manual entry or “simple tracking” for positions-only tracking where appropriate.
• Uses “bank-grade security” with 256‑bit encryption to protect data transmitted from financial institutions into Quicken and to Quicken Cloud, and encrypts data stored on mobile devices; Quicken documents TLS-protected connections and encrypted storage for its apps.

FAQ