r/AIRetirement

For post-retirement financial planning, I am scheduled to meet with a regular planner and I am looking at software as well....and I am also interested in using AI as yet another reference source.
I like the idea of comparing the information and suggestions that I get back.

For someone very new to using AI as a guidance source, do I start by asking it what inputs it needs from me to give me an overall guidance planning. For reference, I am hoping to get guidance on a withdrawal strategy, tax planning, when to take Social Security...etc)

Is it like a typical AI discussion/chat, or do I need to use a certain field on the platforms. I have tried them all, the only one that I have paid subscription with is Claude...have heard positives about Gemini.

Thank you.

Very basic at the moment.

Just for my "hobby" of dreaming up things to do with AI and a thought from one of Rob Berger's comments this week. This is the 10 year cumulative stock market returns gross and net of inflation. I was pretty surprised how high they were, mostly.

10-Year Period	Cumulative Gross Return	Cumulative Inflation	Cumulative Net Return
1920 - 1929	+194.90%	-1.11%	+198.22%
1921 - 1930	+230.06%	-16.77%	+296.55%
1922 - 1931	+65.91%	-14.90%	+94.95%
1923 - 1932	+25.12%	-18.62%	+53.74%
1924 - 1933	+99.14%	-24.22%	+162.77%
1925 - 1934	+55.58%	-21.88%	+99.14%
1926 - 1935	+76.72%	-21.72%	+125.76%
1927 - 1936	+112.03%	-21.64%	+170.60%
1928 - 1937	+0.19%	-17.17%	+20.96%
1929 - 1938	-8.52%	-17.84%	+11.35%
1930 - 1939	-0.52%	-18.91%	+22.68%
1931 - 1940	+19.51%	-16.08%	+42.40%
1932 - 1941	+86.48%	-3.18%	+92.60%
1933 - 1942	+144.42%	+19.70%	+104.19%
1934 - 1943	+99.84%	+33.84%	+49.31%
1935 - 1944	+142.80%	+31.39%	+84.80%
1936 - 1945	+124.34%	+31.00%	+71.24%
1937 - 1946	+54.00%	+40.73%	+9.43%
1938 - 1947	+150.56%	+55.25%	+61.39%
1939 - 1948	+101.60%	+70.62%	+18.16%
1940 - 1949	+140.47%	+71.14%	+40.51%
1941 - 1950	+251.06%	+71.82%	+104.32%
1942 - 1951	+392.46%	+76.39%	+179.18%
1943 - 1952	+384.40%	+62.72%	+197.69%
1944 - 1953	+280.94%	+54.73%	+146.19%
1945 - 1954	+385.50%	+52.75%	+217.83%
1946 - 1955	+368.14%	+48.87%	+214.46%
1947 - 1956	+442.64%	+39.27%	+289.64%
1948 - 1957	+357.99%	+25.75%	+264.19%
1949 - 1958	+522.34%	+19.92%	+418.98%
1950 - 1959	+486.56%	+22.44%	+379.08%
1951 - 1960	+347.44%	+22.92%	+264.01%
1952 - 1961	+357.79%	+15.17%	+297.48%
1953 - 1962	+252.98%	+13.93%	+209.81%
1954 - 1963	+337.80%	+14.39%	+282.73%
1955 - 1964	+234.13%	+15.53%	+189.22%
1956 - 1965	+185.59%	+17.73%	+142.59%
1957 - 1966	+141.05%	+19.47%	+101.77%
1958 - 1967	+234.96%	+18.89%	+181.74%
1959 - 1968	+159.49%	+20.74%	+114.91%
1960 - 1969	+112.07%	+26.02%	+68.28%
1961 - 1970	+119.54%	+31.36%	+67.13%
1962 - 1971	+97.78%	+35.52%	+45.94%
1963 - 1972	+157.83%	+38.33%	+86.38%
1964 - 1973	+79.18%	+45.17%	+23.43%
1965 - 1974	+13.11%	+59.21%	-28.96%
1966 - 1975	+38.00%	+70.96%	-19.28%
1967 - 1976	+90.02%	+75.44%	+8.31%
1968 - 1977	+42.26%	+81.76%	-21.73%
1969 - 1978	+36.50%	+87.51%	-27.21%
1970 - 1979	+76.69%	+97.82%	-10.68%
1971 - 1980	+124.95%	+112.21%	+6.00%
1972 - 1981	+87.12%	+124.42%	-16.62%
1973 - 1982	+91.17%	+130.51%	-17.07%
1974 - 1983	+174.54%	+123.99%	+22.57%
1975 - 1984	+296.78%	+110.28%	+88.69%
1976 - 1985	+280.96%	+99.49%	+90.97%
1977 - 1986	+265.06%	+92.32%	+89.82%
1978 - 1987	+313.95%	+87.26%	+121.05%
1979 - 1988	+352.99%	+81.17%	+150.03%
1980 - 1989	+403.66%	+70.59%	+195.25%
1981 - 1990	+268.56%	+58.42%	+132.65%
1982 - 1991	+405.69%	+49.66%	+237.90%
1983 - 1992	+347.74%	+45.28%	+208.18%
1984 - 1993	+302.15%	+45.00%	+177.34%
1985 - 1994	+283.41%	+42.64%	+168.80%
1986 - 1995	+300.44%	+41.67%	+182.65%
1987 - 1996	+314.92%	+43.06%	+190.02%
1988 - 1997	+425.73%	+41.13%	+272.51%
1989 - 1998	+479.70%	+37.74%	+320.86%
1990 - 1999	+432.82%	+34.33%	+296.66%
1991 - 2000	+399.83%	+31.78%	+279.30%
1992 - 2001	+237.55%	+30.01%	+159.64%
1993 - 2002	+144.33%	+28.24%	+90.53%
1994 - 2003	+185.61%	+27.37%	+124.24%
1995 - 2004	+212.56%	+27.49%	+145.16%
1996 - 2005	+138.34%	+28.24%	+85.86%
1997 - 2006	+124.44%	+28.61%	+74.52%
1998 - 2007	+77.54%	+29.36%	+37.24%
1999 - 2008	-13.01%	+32.17%	-34.18%
2000 - 2009	-9.12%	+28.80%	-29.44%
2001 - 2010	+15.04%	+26.56%	-9.10%
2002 - 2011	+33.32%	+27.05%	+4.93%
2003 - 2012	+98.52%	+27.68%	+55.49%
2004 - 2013	+104.25%	+26.68%	+61.23%
2005 - 2014	+109.42%	+25.32%	+67.11%
2006 - 2015	+102.37%	+21.32%	+66.81%
2007 - 2016	+95.68%	+19.09%	+64.31%
2008 - 2017	+125.99%	+18.16%	+91.25%
2009 - 2018	+243.00%	+16.57%	+194.25%
2010 - 2019	+256.65%	+19.15%	+199.34%
2011 - 2020	+267.00%	+18.68%	+209.25%
2012 - 2021	+362.60%	+20.40%	+284.22%
2013 - 2022	+226.58%	+27.36%	+156.42%
2014 - 2023	+211.53%	+30.62%	+138.50%
2015 - 2024	+242.57%	+32.29%	+158.95%
2016 - 2025	+298.33%	+35.60%	+193.76%

For the past several months I've been evaluating and testing the 4 major LLMs / AI environments to create a financial plan for myself and subsequently a few friends.

The result is several magnitudes greater than anything I've had before, but each one is very specific to each person, due to age, state of residency, filing status, sources of income, list of objectives - a laundry list of things effect a good plan.

I tried to get Claude (my tool of choice) to create a template that I could share with others as a Do-It yourself prompt document or .py script depending on their expertise. Unfortunately, this proved impractical due to all of the complexities mentioned above. Even Claude warned that this was going to be impractical as any output would be too specific and confusing for most to use.

So, instead I have created (with the help of Claude) a How-To get started guide. While this should work with any LLM, I've only tested extensively in Claude. As for Free or Pro - you could get started with Free, if you are willing to both use it after prime time hours (M-F 8am to 2pm EST) and weekends, and 'continue' a lot, but it may get you started. OR - spend $20 and jump in with both feet.

This is the link if any are interested is a shared, web published google doc: https://docs.google.com/document/d/e/2PACX-1vSDAUUn7oRZYv-YqdlJ0X2IBnS70rGeAADYlvjNZObtft0v3FVgNcThmbvFwkXRKXKmpQBpvm8KG6Jp/pub

Even though I have used AI to create my plan and it does many things Boldin (and others) cannot, it also exemplifies why something this broad would be very difficult, if not impossible, for Boldin or anyone else to implement. Boldin is great for what is and is improving. I still use it to backtest, visualize and create FPs for my adult children. BUT - it has limits on what it practically can be expected to do. It's great for those who are <40 with more typical needs. But for old codgers like myself or someone with more complex needs, this may provide you some information that is helpful.

All questions/comments welcome.