So, I'm planning to retire next year and have been doing my due diligence in preparation. I was about to drop 5K on a retirement plan from a fiduciary but after talking to several I was completely discouraged. I keep track of my finances daily to know exactly where I'm at all times and built spreadsheets to calculate retirement disbursements over the course of being retired including social security. I had a plan in my mind based on how my money is allocated. Lots of cash, stocks, 401k, IRA, HSA, investment property....etc. I decided to use all the different AI's to see what was feasible from another set of eyes, even though artificial eyes. Most of what I used sucked with one exception. ClaudeAi. This is like grad school level vs the others I've used at kindergarten level. You can input your information then work through follow up questions to get everything in a formal output. The plan that was created for me was pretty spectacular including ACA subsidies until I'm 65, Roth conversions that keep me within the subsidy cap for ACA, Taxes, estate planning, how to allocate the money with suggestions on cd ladders and even the banks to use and the rates they paid ( spot on accurate), investment property taxes and how to avoid those, Stocks to buy or sell and overall investment strategies over the next 30 years broken down in differnt phases, provided optimal and marginal ROI and other considerations. This took some time to build going through it all and Claude made a couple of mistakes here and there so it is wise to have some understanding of the fundementals to cross check Claude on. The final product it produces was 15 pages and very well thought out and done compared to some I've seen people pay for.
Anyway, sorry for the long winded statement but I wanted to just say I was exceptionally impressed with what this particular AI could do. Give it a try if your'e getting close to retirement or use it for financial concerns or even investment strategies. You might be surprised!
Anyway, sorry for the long winded statement but I wanted to just say I was exceptionally impressed with what this particular AI could do. Give it a try if your'e getting close to retirement or use it for financial concerns or even investment strategies. You might be surprised!
