Should you trust AI for personal finance information? Robert 'Bob' Powell answers this question as part of Decoding Retirement's special segment, Ask Bob.

On this week's episode of Decoding Retirement Robert "Bob" Powell sits down with Michael Kitces, Buckingham Wealth Partners head of planning strategy, and wealth management student Reeya Patel at the 2024 Schwab Impact event to discuss everything you need to know about financial advising.

Question:

Should I trust AI for personal finance information?

Answer:

AI is ultimately unreliable as a source of information for personal finance. It gets some stuff right and some stuff wrong. And then there are serious material omissions. And so when in doubt check with a subject matter expert rather than an AI bot.

If you've got questions about money or retirement, email us at AskBob@yahooinc.com.

Retirement planning doesn’t mean locking up your money for a rainy day and forgetting about it. Planning your future means reacting to events today. Decoding Retirement gives you the tools to navigate the years ahead, and take action now!

Yahoo Finance's Decoding Retirement is hosted by Robert Powell, and produced by Austin Rivera.

Find more episodes of Decoding Retirement at http://goldberglawma.com/?id=videos/series/decoding-retirement.

Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.

Editor's note: This post was written by Austin Rivera.