ProjectionLab is another web app that offers comprehensive retirement planning features. Its premium plan includes tax estimates, what-if scenarios, Roth conversions and a compare mode. "For my clients who are more visual ... I usually send them to ProjectionLab as their platform is very visual and easy to digest," Maldonado says.

If you're behind the eight ball, acting on some or all of these strategies can put you on sounder financial footing.

Jump reports that retirement planning is increasingly complex due to AI tools and policy changes, leading to confusion and inaction among consumers.

There are many free and paid digital tools available to help you track retirement savings and budget for the future. Retirement planning tools vary in complexity, with some offering a simple overview and others providing detailed guidance.