# `zfin projections`

Retirement projections: percentile bands of your portfolio's projected
value, a benchmark comparison, and safe-withdrawal dollars at multiple
horizons and confidence levels.

```
Usage: zfin projections [opts]
```

Configuration lives in
[`projections.srf`](../config/projections-srf.md). What the output
shows (accumulation block, earliest-retirement grid, or drawdown-only)
depends on which inputs you set -- see
[Plan for retirement](../../guides/plan-retirement.md) and
[the model](../../explanation/projections-model.md).

## Sub-modes (mutually exclusive)

| Flag                | View                                                                  |
|---------------------|-----------------------------------------------------------------------|
| (default)           | Percentile bands + benchmark + safe withdrawal.                       |
| `--vs <DATE>`       | Side-by-side with a historical snapshot's projection.                 |
| `--convergence`     | The model's predicted retirement date over time.                      |
| `--return-backtest` | Expected-return claim vs. realized forward CAGR (pair with `--real`). |

## Options

| Flag                    | Effect                                                                                  |
|-------------------------|-----------------------------------------------------------------------------------------|
| `--as-of <DATE>`        | Project against a historical snapshot (auto-snaps to nearest earlier).                  |
| `--overlay-actuals`     | Plot your realized trajectory from `--as-of` to today on the bands. Requires `--as-of`. |
| `--no-events`           | Exclude life events (baseline view).                                                    |
| `--real`                | With `--return-backtest`, render CPI-adjusted.                                          |
| `--export-chart <PATH>` | Render the band chart to a 1920x1080 PNG and exit (default mode only).                  |

Dates accept `YYYY-MM-DD` or relative shortcuts (`1W`/`1M`/`1Q`/`1Y`).

## Example

```bash
ZFIN_HOME=examples/pre-retirement-both zfin projections
```

```
Accumulation phase:
  Years until possible retirement: 19 (2046-04-12, ages 65/62)
  Median portfolio at retirement:  $7,871,732.10
  Range (10th–90th percentile):    $5,807,693.45 to $18,240,675.15

Safe Withdrawal (FIRECalc historical simulation)
                              25 Year     35 Year     50 Year
99% safe withdrawal          $314,920    $293,374    $264,002
```

## See also

- [Plan for retirement](../../guides/plan-retirement.md) -- the guided walkthrough.
- [`projections.srf` reference](../config/projections-srf.md) -- every input field.
- [The retirement projection model](../../explanation/projections-model.md) -- the method and caveats.

---

[CLI command reference](index.md)