No matter how advanced robots have become, and how unhappy you may be with high advisor fees, you wouldn’t hand over your retirement income planning to a machine. I’ve been working on retirement innovations for 40 years, and while I may be able to program all my formulas into online tools, retirement income plans need a human touch in order to find the unique combination of plan elements that match each retiree’s objectives.
I will say, however, that compared with 40 years ago, artificial intelligence plays a much bigger role in planning. If you know how to use AI, or robo-income analytics as we call it, you can get the retirement income plan that fits you best.
That is why Go2Income.com announced the first robo-income tool that enables retirees and near-retirees to design their own Plan for Retirement Income. With our robo-income program, simply labelled a “Guide to Retirement Income” (Guide), you can identify the planning objectives that will best match your financial goals of lifetime income, liquidity and legacy. And you can figure out how that income should be allocated among dividends, interest, IRA withdrawals and annuity payments.
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