Is ChatGPT Smart Enough to Retire You?

About this episode

The episode explores the reliability of AI-generated financial advice and its implications for retirement planning.

AI is now answering millions of financial questions every day, but how much of it can you actually trust? In this episode of Friends Talk Money , Pam Krueger, Terry Savage, and Richard Eisenberg dive deep into the surge of AI-generated financial advice and unpack the risks, myths, and surprising mistakes that tools like ChatGPT, Claude, Gemini, and DeepSeek are making. A major study shows AI gives incorrect financial answers up to 35% of the time, and the consequences can be huge when it comes to Social Security, Medicare, retirement timelines, investing, or even basic budgeting. To separate hype from reality, we're joined by special guest Jason Lilly, a highly respected Wealthramp-network fee-only advisor, CFA, CFP®, and founder of Tenere Wealth Advisors . Jason shares exactly how he integrates AI responsibly in his practice: what it's great for, where it falls apart, and why human judgment still matters more than ever. You'll learn : Why AI sounds confident even when it's wrong What AI can actually do well in financial planning (and what it can't) Why budgeting, Medicare decisions, and Social Security claiming can be dangerous when left to AI Hidden errors of omission most…

People in this episode

Hosts: Pam Krueger, Terry Savage, Richard Eisenberg

Guest: Jason Lilly

Topics covered

• AI in finance
• financial advice
• retirement planning
• budgeting
• Social Security
• Medicare
• AI risks

Keywords

• AI financial advice
• ChatGPT
• retirement
• budgeting
• Social Security
• Medicare
• financial planning
• investment risks

Mentioned in this episode

Organizations: Wealthramp, Tenere Wealth Advisors

Products: ChatGPT, Claude, Gemini, DeepSeek

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