Catching Up to FI Can AI Plan Your Retirement? Testing ChatGPT's Financial Advice | Earn & Invest Crossover | 190
Jan 14, 2026
Bill Yount, an emergency room physician turned financial independence advocate, joins Susie B., a public-sector employee planning for retirement. They dive into the practicality of using ChatGPT for retirement advice. Bill shares his transition to a defensive investment strategy as he approaches retirement age. Susie discusses her five-year plan and the importance of understanding income streams. They emphasize the need for personalized planning, exploring purpose post-retirement, and the critical role of health in enjoying retirement.
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Use AI As A Thought Partner
- Use ChatGPT as a thought partner but always verify its outputs against reliable sources or experts.
- Treat AI suggestions as starting points, not final action plans, especially for finances.
Shift From Growth To Preservation
- Shift asset allocation toward preservation as you enter the 3–5 year pre-retirement window.
- A 100% equity stance in retirement increases drawdown risk and may lower sustainable withdrawal rates.
Glide Path From Active To Passive Income
- Transitioning from active to passive income can be gradual via a glide path over several years.
- Phasing down work while drawing on portfolio eases identity shifts and reduces drawdown shock.
