Do you outsource your financial planning or do you prefer to do it yourself? Is there an AI that can outperform a human financial planner?<p>My goal is to automate the process of making financial decisions based on user profiles, including age, conservativeness, estimated retirement age, and estimated retirement funds.<p>The whole problem of {user profile, context, set of possible actions} -> {action} seems doable to me.<p>For example, if I am confronted with a new concept like an RRSP (US eq of 401K) loan, I would like an app that can calculate whether it's worth taking the loan based on the potential profit and tax benefits. Or I have a line of credit offer. Can I make profit from it?
There are numerous tools available for helping with financial decisions. There are is a great community at Bogelheads [0] that you can learn lots from. Given that you are asking about RRSP, I'll guess that you are in Canada, Financial Wisdom and finiki are specific to Canada.<p>Finiki doesn't have a very long list of Canadian calculators [3]. The US has quite a few [4].<p>[0] <a href="https://bogelheads.org" rel="nofollow">https://bogelheads.org</a><p>[1] <a href="https://www.financialwisdomforum.org/" rel="nofollow">https://www.financialwisdomforum.org/</a><p>[2] <a href="https://www.finiki.org/wiki/Main_Page" rel="nofollow">https://www.finiki.org/wiki/Main_Page</a><p>[3] <a href="https://www.finiki.org/wiki/Canadian_retirement_software_%26_calculators" rel="nofollow">https://www.finiki.org/wiki/Canadian_retirement_software_%26...</a><p>[4] <a href="https://www.bogleheads.org/wiki/Retirement_calculators_and_spending" rel="nofollow">https://www.bogleheads.org/wiki/Retirement_calculators_and_s...</a>