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Full article link: How ChatGPT Could Transform Your Retirement Planning for the Better
Quote from Dr. Stephan Shipe
“ChatGPT can be a great tool for explaining retirement concepts or helping you understand your options, but it’s not the whole toolbox. It can’t anticipate human behavior, emotion, or life’s curveballs.”
—Stephan Shipe, Founder of Scholar Advising
Key Takeaways
- AI can help you ask smarter questions — but it can’t make personal decisions. Tools like ChatGPT are great for getting quick explanations and comparing options, but they lack judgment, nuance, and emotional context. A trusted advisor is essential to interpret the information through the lens of your personal goals, risk profile, and tax situation.
- Don’t skip due diligence. If you’re using AI to explore retirement planning questions, be sure to fact-check. ChatGPT pulls from a wide variety of sources — some helpful, others potentially outdated or misleading.
- AI doesn’t replace a relationship. As Dr. Shipe and other experts in the article explain, financial planning is deeply human. Life doesn’t unfold in spreadsheets, and your advisor can provide guidance when your plans hit real-world curveballs like health changes, market volatility, or career shifts.
- Bring your questions to the table. ChatGPT might help you surface smart questions, but retirement planning success still depends on informed conversations and a customized strategy. Use the tool — but bring it to the right advisor.