Income Lab

Income Lab is a financial technology company based in Denver, specializing in retirement income planning software for financial advisors. Founded by industry veterans, the company aims to enhance retirement planning through data-driven solutions that focus on accuracy and client outcomes. The company offers a dynamic retirement income software platform that models decumulation strategies, including Social Security optimization and tax-efficient withdrawals. It features real-time API integrations with firms like Schwab Advisor Services and Docupace’s PreciseFP, allowing for seamless data synchronization. Income Lab provides advisor-centric tools such as scenario testing and customizable client reports to streamline workflows and improve communication. Income Lab's software was developed in collaboration with 27Global, utilizing advanced algorithms to process complex variables like inflation and market volatility. The leadership team includes co-founders Justin Fitzpatrick and Johnny Poulsen, who bring extensive financial and operational expertise. The company continues to innovate and expand its offerings to support financial advisors in optimizing their clients' retirement strategies.