Robo advisors a study of retirement planning revolution
Abstract
Robo advisors, financial planning services powered by algorithms, are changing the game of retirement. By offering independent investment recommendations, these automated systems offer a low-cost, open-ended solution to managing retirement savings. This paper reviews the role of robo-advisors in retirement planning: pros, cons, and trends. By focusing on the success stories of top platforms, we discuss the effectiveness and satisfaction of robo-advisors. Machine learning and artificial intelligence are likely to improve these systems even further, becoming an integral part of retiring citizens’ financial security.
How to Cite This Article
Balaji Ethirajulu (2023). Robo advisors a study of retirement planning revolution . International Journal of Multidisciplinary Research and Growth Evaluation (IJMRGE), 4(3), 1070-1073. DOI: https://doi.org/10.54660/.IJMRGE.2023.4.3.1070-1073