What Is Quicken Assist, the New AI Chat in Quicken Simplifi?

Quicken Assist is a chat feature inside Quicken Simplifi that helps you understand your money, see what a decision today means down the road, and know what to do next — using your own financial data, Simplifi’s built-in tools, financial knowledge, and real-time web searches. It’s currently in beta, with new capabilities being added over time.

At its core, the goal isn’t just to show you what happened with your money — it’s to help you know what matters and what to do next, so you can make more informed financial decisions.

Key questions about Quicken Assist

Here are quick answers to the questions most people have when they first hear about Quicken Assist.

What can Quicken Assist help me do? It can explain what’s happening with your money and what it means for what’s ahead, help you build a debt payoff strategy, plan for large purchases, get context on your investments, run what-if scenarios, identify spending patterns, review subscriptions, and handle tasks like categorizing transactions or navigating to specific areas of Simplifi.

How does Quicken Assist know about my finances? It works with the data already in your Simplifi account — your transactions, categories, Spending Plan, savings goals, bills, investments, and watchlists. That means its insights are personalized to your actual finances.

Is Quicken Assist available right now? Yes — Quicken Assist is currently available in Quicken Simplifi as a beta feature. The experience continues to improve as more capabilities are added.

What can’t Quicken Assist do? It doesn’t provide tax, investment, or legal advice, can’t take actions outside Simplifi (like moving money between bank accounts), and doesn’t yet remember what you’ve talked about from one chat session to the next. It’s also focused on financial questions — for other topics, you’ll want to use a different resource.

Table of Contents

• How does Quicken Assist work?
• What can I ask Quicken Assist about my money?
• How can Quicken Assist help me plan ahead?
• Can Quicken Assist take action in my Simplifi account?
• What are Quicken Assist’s current limitations?
• How can I get the best results from Quicken Assist?

How does Quicken Assist work?

Quicken Assist combines several layers of information to give you deeper insights that are specific to your situation — not general financial tips you could find anywhere, so you can see not just what’s happening, but what matters and what to do next.

It uses your real financial data

Quicken Assist works with the financial data you already have in Simplifi — your transactions, categories, recurring bills, savings goals, investments, and more. When you ask a question, the answer reflects your actual numbers.

It taps into Simplifi’s tools

Beyond your raw data, Quicken Assist can work with Simplifi features like the Spending Plan, Savings Goals, Watchlists, and Reports. It can point you to the right place in the app, surface what you need, and explain what you’re looking at.

It draws on financial knowledge

Quicken Assist combines your data with financial knowledge and reasoning, helping you understand things like debt payoff strategies, portfolio diversification, and savings benchmarks — and how they apply to your specific situation, including how a choice in one area might affect your plans elsewhere.

It searches the web in real time

For questions that require current information — like news affecting your investments, best practices, or account comparison options — Quicken Assist can search the web so its guidance reflects what’s happening right now.

What can I ask Quicken Assist about my money?

One of the most useful things Quicken Assist does is help you make sense of what’s happening with your finances — and what it could mean for where you’re headed. You can ask broad questions about your spending trends or specific questions about a single transaction.

Understand what’s changing

Ask things like “Why did my spending increase last month?” or “What changed compared to last quarter?” or “Am I on track to overspend this month?” Quicken Assist reviews your data, compares time periods, and explains patterns in clear language.

Spot spending patterns

Want to know where you tend to overspend, which categories are inconsistent, or whether small expenses are quietly adding up? Quicken Assist analyzes your spending trends and highlights what stands out — including subscription creep and recurring charges that have increased.

Review your subscriptions

Ask for a list of all your subscriptions, find out how much you’re spending on them yearly, see which recurring charges have increased recently, or identify discretionary subscriptions you could cut.

Check alignment with your goals

Quicken Assist can compare your spending to your savings priorities. Try questions like “Am I spending more on dining out than saving for travel?” or “Where could I cut back without affecting essentials?” to see how your habits line up with what you want — and how to weigh the trade-offs.

How can Quicken Assist help me plan ahead?

Quicken Assist isn’t just a rearview-mirror tool. It helps you think forward — about debt, big decisions, investments, and what-if scenarios — so you can get a sense of where today’s choices could lead before you make them.

Build a debt payoff strategy

Ask how much total credit card debt you have, how to prioritize your balances, or what your estimated payoff timeline looks like with an extra $300 per month. Quicken Assist can also explain the differences between snowball and avalanche payoff strategies so you can choose the one that fits, and understand how it could change your estimated timeline.

Plan for large purchases or life events

Wondering if you can afford a $25,000 car this year? Curious how much to save monthly for a vacation eight months out? Quicken Assist reviews your income and recurring expenses, considers your existing goals, and calculates monthly savings targets — flagging any cash flow pressure along the way so you can see the potential ripple effects before you commit.

Stress-test financial decisions

Run what-if scenarios before you commit. Ask questions like “What happens if my income drops by $1,000 per month?” or “If I increase my 401(k) contribution by 2%, what changes?” Quicken Assist uses your current recurring transactions and account data to project the impact and outline general trade-offs for you to consider.

Of course, our scenarios are illustrative estimates, not investment, tax, or legal advice.

Get context on your investments

Curious how your portfolio is structured? Ask about your stock-versus-bond allocation, whether you’re diversified, or what a typical allocation looks like for someone ten years from retirement. Quicken Assist provides educational context — not personalized investment advice — and can surface general news and information relevant to your portfolio.

Quicken is not a registered investment adviser, and nothing in Quicken Assist is a recommendation to buy, sell, or hold any investment.

Can Quicken Assist take action in my Simplifi account?

Yes — Quicken Assist can do more than just answer questions. It can help you get things done inside Simplifi, like updating transactions or creating goals — turning “what to do next” into something you can actually do, right where you manage your money.

Navigation and shortcuts

Ask Quicken Assist to take you to your income report, open your Spending Plan, or show you uncategorized transactions — it’ll bring up the right area of Simplifi for you.

Categorize transactions

Quicken Assist can find your uncategorized transactions, change the category on a single transaction, or update a batch, all at one time. Just tell it what you need, and it can handle the work for you — preparing the update for your review and only making changes with your approval.

Create new goals and plans

Want to save for holiday gifts, a new appliance, or a Europe vacation? Ask Quicken Assist to create a Savings Goal for it. It can set up new goals and plans based on your guidance.

Add rules to apply moving forward

Want Quicken to remember the changes you’re applying? Ask Quicken Assist to turn your updates into rules so the software will apply your preferences automatically, every time.

What are Quicken Assist’s current limitations?

Quicken Assist is new and in beta, so it’s helpful to know what it can and can’t do right now. Here’s what to keep in mind.

It’s still in development

Quicken Assist is new and improving over time. It might occasionally try to do things it can’t yet, or misunderstand a request. If that happens, starting a new chat usually helps.

It doesn’t provide tax, investment, or legal advice

Quicken Assist is designed for educational purposes to help you understand your finances, plan, and explore options — not to give tax, investment, or legal advice. For those, you’ll want to work with a qualified professional. Quicken is not a registered investment adviser.

It can’t act outside Simplifi

Quicken Assist works within Simplifi. It can’t move money between accounts, execute trades, modify your external bank or investment accounts, or take actions in other apps or services.

It doesn’t yet remember past chats

Quicken Assist can’t currently use memory from previous conversations when answering new questions. You can review past conversations using the sidebar in the chat window if you want to revisit something.

How can I get the best results from Quicken Assist?

A few simple practices can help you get more value from Quicken Assist as you use it.

Start a new chat for new topics

Quicken Assist doesn’t carry context between conversations yet, and very long threads can slow down responses. Starting a new chat when you switch topics keeps things fast and focused.

Be specific with your questions

The more specific your question, the more useful the answer. Instead of “How am I doing?” try “How does my spending this month compare to last month?” or “Which categories changed the most?”

Revisit past conversations when you need to

If you want to revisit something Quicken Assist told you previously, you can access past conversations from the sidebar in the chat window.

Share your feedback

Quicken Assist improves with feedback. If you run into something that doesn’t work, want to suggest a new capability, or just want to share a great experience, use the thumbs up or thumbs down buttons under any response to let us know.

Frequently Asked Questions

Here are answers to a few additional questions about Quicken Assist.

Will Quicken Assist eventually remember my past chats?

Memory across conversations is on the roadmap. For now, Quicken Assist starts each new conversation fresh, but you can review previous chats from the sidebar in the chat window.

Can Quicken Assist replace a financial advisor?

No. Quicken Assist provides educational insight and helps you explore options based on your data, but it doesn’t provide personalized investment advice, tax advice, or legal advice. For those, please consult a qualified professional. Quicken is not a registered investment adviser, and Quicken Assist does not manage investments or make buy, sell, or hold recommendations.

Can Quicken Assist make changes to my bank or investment accounts?

No. Quicken Assist works within Simplifi only. It can’t move money between accounts, execute trades, or modify any external financial accounts.

What kinds of questions doesn’t Quicken Assist handle?

Quicken Assist is designed for financial questions. For topics outside that scope, you’ll want to use a different resource.

How do I share feedback about Quicken Assist?

Use the thumbs up or thumbs down buttons under any Quicken Assist response and fill out the comment box. Your feedback directly helps shape future improvements.

Quicken Assist generates responses using third-party large language models (LLMs), such as ChatGPT. These responses are for general, educational purposes only and may contain errors or incomplete information. You should not rely on them as investment, legal, or tax advice.
​
Quicken Assist is not a substitute for personalized advice from a qualified professional. You are responsible for independently verifying any information provided.
​
None of your conversations are used to train the LLMs.
Conversations may be reviewed by Quicken to maintain quality.​

Use of Quicken Assist is optional. You may disable the feature at any time in Quicken Simplifi on the general settings page.