AI is now answering millions of
financial questions every day, but how much of it can you actually
trust? In this episode of
Friends
Talk Money, Pam Krueger, Terry Savage, and Richard Eisenberg
dive deep into the surge of AI-generated financial advice and
unpack the risks, myths, and surprising mistakes that tools like
ChatGPT, Claude, Gemini, and DeepSeek are making. A major study
shows AI gives incorrect financial answers up to 35% of the time,
and the consequences can be huge when it comes to Social Security,
Medicare, retirement timelines, investing, or even basic budgeting.
To separate hype from reality, we’re joined by special guest Jason
Lilly, a highly respected Wealthramp-network fee-only advisor, CFA,
CFP®, and founder of
Tenere Wealth Advisors. Jason
shares exactly how he integrates AI responsibly in his practice:
what it’s great for, where it falls apart, and why human judgment
still matters more than ever.
Whether you’re already using AI
for your finances or just curious, this episode will change how you
think about these tools.