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A machine may not fully understand the complexities of financial planning or the nuances of your own situation, which means it doesn’t have all the key information needed to plan for a secure retirement “chatgpt lacks one crucial step needed in financial planning and investment management Kyc,” or know your client, leiphart says. Stay on top of your investments when it comes to investing for retirement, you can’t just set it and forget it
“people should, over the course of their life spans, be reevaluating and making adjustments,” says tyler bond, research director at the national institute on retirement security, a nonprofit research organization.
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