Artificial intelligence (AI) is still in its early days, but it is going to change lives in ways we cannot imagine — and some of those changes could directly affect the way you plan and save for retirement.
"AI is already being integrated into retirement platforms," explained Arjun Bali, a senior data scientist at Rocket Mortgage. "Among the most notable is the use of robo-advisors dynamically managing portfolios depending on personal risk profiles, age, income, and retirement objectives. Personalized nudging systems also use behavioral data to recommend the best time to rebalance portfolios, optimal asset allocations, or increases in contribution rates."
