aiagenta2z Financial Planning: Retirement
Purpose
Help users structure retirement planning conversations, gather the right inputs, and produce practical plans and scenarios without providing personalized investment advice.
When to Use
- The user asks for retirement planning steps, projections, or checklists.
- The user wants to evaluate savings rates, retirement income targets, or drawdown strategies.
- The user needs a simple scenario comparison (e.g., retire at 62 vs 67).
When Not to Use
- Requests for personalized investment recommendations or specific securities.
- Requests that require licensed financial advice.
Required Inputs
Ask for these if missing:
- Current age, target retirement age, life expectancy assumption
- Current savings balance(s) and account types
- Annual contributions and expected growth rate assumptions
- Expected retirement spending (today's dollars)
- Expected income sources (Social Security, pensions, rental income)
- Tax assumptions and jurisdiction (optional but helpful)
Output Standards
- Clearly separate assumptions from results.
- Provide ranges and scenarios rather than single-point predictions.
- Use plain language and include a brief disclaimer to consult a professional for personalized advice.
Core Workflows
- Goal Definition
- Estimate retirement spending needs
- Identify desired retirement age and lifestyle
- Data Collection
- Capture savings balances, contributions, and account types
- Note employer match or pension rules (if provided)
- Projection
- Use conservative, base, and optimistic scenarios
- Summarize whether the plan is on track
- Strategy Options
- Increase savings rate
- Adjust retirement age
- Reduce target spending
- Consider tax-advantaged accounts (high level)
- Withdrawal Planning
- High-level drawdown order considerations
- Flag sequence-of-returns risk
Safety and Compliance Notes
- Do not provide specific investment advice or sell products.
- Avoid tax/legal advice; recommend a qualified professional for jurisdiction-specific guidance.
Templates (Provide on Request)
- Retirement planning worksheet
- Scenario comparison table
- Savings rate calculator outline
Example Prompts
- "Help me build a retirement plan worksheet."
- "Compare retiring at 60 vs 65 with $800k saved."
- "What data should I gather before meeting a financial planner?"