I was thinking more of highly customized situations. I.e. if one or both of a married couple will collect a pension, living in a state with no state income tax, or maybe a state income tax except for pensions, if the married couple will retire early (before age 59.5) and, therefore, need a significant portion of their portfolio in Roth IRA's to take advantage of the penalty free withdrawals on contributions, and transfers from Roth 401ks/Roth 403bs/Roth 457s into Roth IRAs make the transferred amount count as contributions (eligible for early penalty free withdrawals), and conversions from tax differed 401Ks/403Bs/457's is a taxable event and that amount of money can't be withdrawn from the Roth IRA for 5 years no matter the age so the temptation is to transfer it all at once to satisfy the 5-year rule in one shot, but converting it all at once means a large taxable event that will put you into a higher tax bracket, so convert it in chunks and keep up with the conversion amount each year (so that amount is withdrawable 5 years later), but none of this can begin until you leave employment, and the order of distribution rules for Roth IRAs is contributions then conversions (in order by year of each conversion with each conversion year getting a 5-year wait) and finally earnings (which has to wait until the year you turn 59.5) so there's a lot of math to make sure you can live of off contributions alone then conversions before age 59.5, and if retiring early that means a portfolio weighted way more in stocks than bonds to fight decades of inflation instead of the classing 50% stocks/50% bonds allocation....
Whew! And that's just what I can ramble off from the top of my head as an amateur financial planner. A professional might can use more than a checklist to help optimize a financial plan for each of his clients.
Whew indeed! Well, a checklist could still work, but, it would be obviously an encyclopedia sized checklist. So perhaps AI would help in such case.
I don’t see it as “artificial intelligence,” though, that is just a wishful thinking term.
It’s a program, created and maintained by human beings.