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AI and Retirement Planning: An Assessment
In an article by MarketWatch reporter Andrew Shilling, the ability of Artificial Intelligence (AI) technology to provide assistance–free–to someone researching retirement questions is put to the test. With a basic question–“How much should I have saved for retirement?” posed to ChatGPT, followed by an evaluation by a financial advisor, Shilling concludes that AI can produce the information sought, but notes further that verification is in order if it is to be relied on. He further notes that much of the content delivered by ChatGPT “…was nearly directly pulled from various stories on the topic from places like Bankrate, The Motley Fool and Investopedia, to name a few. Nevertheless, it’s an interesting glimpse of AI’s future use in applications like this. Read the Shilling post here…