A predictive approach to the phase behavior of four-component polymer–water–surfactant–electrolyte systems is formulated by viewing the four-component system as a binary polymer–pseudosolvent system, with the pseudosolvent representing water, surfactant, and the electrolyte. The phase stability of this binary system is examined using the framework of the lattice fluid model of Sanchez and Lacombe. In the lattice fluid model, a pure component is represented by three equation-of-state parameters: the hard-core volume of a lattice site (v*), the number of lattice sites occupied by the component (r), and its characteristic energy (ε*). We introduce the extra-thermodynamic postulate that r and v* for the pseudosolvent are the same as for water and all surfactant–electrolyte composition-dependent characteristics of the pseudosolvent can be represented solely through its characteristic energy parameter. The key implication of the postulate is that the phase behavior of polymer–pseudosolvent systems will be identical for all pseudosolvents with equal values of characteristic energy, despite their varying real compositions. Based on the pseudosolvent model, illustrative phase diagrams have been computed for several four-component systems containing alkyl sulfonate/sulfate surfactants, electrolytes, and anionic or nonionic polymers. The pseudosolvent model is shown to describe all important trends in experimentally observed phase behavior pertaining to polymer and surfactant molecular characteristics. Most importantly, the pseudosolvent model allows one to construct a priori phase diagrams for any polymer–surfactant–electrolyte system, knowing just one experimental composition data for a system at the phase boundary, using available thermodynamic data on surfactants and electrolytes and without requiring any information on the polymer.