Reported 2 days ago
Inquiring about retirement savings, the author consulted ChatGPT to determine how much money is needed to retire in 10 years. ChatGPT provided basic calculations, suggesting a target savings of $1 million to $1.5 million based on annual expenses, income sources, inflation, and health costs. It also emphasized a growth strategy through diversified investments and creating a retirement plan tailored to individual situations, highlighting the importance of tracking spending and maximizing contributions.
Source: YAHOO