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    AI Finance Help

    Smart questions. Smarter answers.

    Good AI use cases

    • Understand investment terms.
    • Tax form questions.
    • Compare CDs, savings rates.
    • Estate planning concepts.
    • Social Security strategies.
    • Budget creation.

    Don't use AI for

    • Specific investment recommendations.
    • Tax filing without verification.
    • Insurance product picks.
    • Annuity decisions.
    • Estate plan execution.
    • Use real CFP (Certified Financial Planner).

    Sample questions

    • "Explain Roth vs Traditional IRA."
    • "What does RMD mean?"
    • "Compare bonds vs CDs."
    • "Help me budget on $3,000/mo."
    • "How does Medicare Part B work?"
    • "Explain reverse mortgage risks."

    Best AI for finance

    • ChatGPT — general explanations.
    • Claude — comprehensive answers.
    • Perplexity — cites sources.
    • Microsoft Copilot — links to articles.
    • Verify dates — info ages quickly.
    • Tax law changes annually.

    Real advisor still essential

    • CFP for specific advice.
    • Fee-only fiduciary best.
    • $200-300/hr.
    • One-time consult $500-1500.
    • Avoid commission-based.
    • NAPFA.org — find fee-only.

    Free senior resources

    • AARP Foundation Finances.
    • Financial Planning Association free clinics.
    • VITA tax help (Volunteer Income Tax Assistance).
    • SHIP — State Health Insurance Programs.
    • Public library finance books.
    • Bogleheads.org community.

    AI scam watch

    Some "AI financial apps" — actually scams. AI in real apps (Mint, Personal Capital) — legit. Standalone "Get rich with AI" — scam. Crypto AI bots = scam. Stock-picking AI = scam. Free legitimate AI: ChatGPT, Claude, Gemini. Anything promising guaranteed returns = lying. Skepticism is the senior's best friend.