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PensionBee study suggests alarming AI personal finance trend

Thu, 17 Sep 2026 09:03:00 -0400

NEW YORK, Sept. 17, 2026 (GLOBE NEWSWIRE) -- Nearly six in ten (57%) Americans who seek money advice from chatbots would act on its guidance without checking it, according to PensionBee.

The survey of 1,000 US adults who use AI chatbots for personal finance suggests this includes decisions that are hard to undo, like how to invest or when to retire. Nearly one in four (23%) say a chatbot has already given them wrong information about their money, and 5% found out only after they had acted on it.

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PensionBee study suggests alarming AI personal finance trend

Thu, 17 Sep 2026 09:03:00 -0400

NEW YORK, Sept. 17, 2026 (GLOBE NEWSWIRE) -- Nearly six in ten (57%) Americans who seek money advice from chatbots would act on its guidance without checking it, according to PensionBee.

Click here for more

PensionBee Sounds Alarm on Six-Figure Social Security Shortfall

Wed, 10 Jun 2026 14:32:00 -0400

KEY FINDINGS:

Future retirees face an automatic 22% cut to monthly Social Security checks in just six years unless Congress acts
For an illustrative $2,080 monthly benefit, a 22% cut in 2032 will cost retirees $458 per month ($5,491 annually)
Workers must accumulate an additional $137,280 in personal savings before retirement to maintain their planned standard of living
A 55-year-old must save $824 per month to close the gap, compared with $234 for a 25-year-old

NEW YORK, June 10, 2026 (GLOBE NEWSWIRE) -- American workers must save an additional six-figure sum to protect

PensionBee Sounds Alarm on Six-Figure Social Security Shortfall

Wed, 10 Jun 2026 14:32:00 -0400

KEY FINDINGS:

Future retirees face an automatic 22% cut to monthly Social Security checks in just six years unless Congress acts
For an illustrative $2,080 monthly benefit, a 22% cut in 2032 will cost retirees $458 per month ($5,491 annually)
Workers must accumulate an additional $137,280 in personal savings before retirement to maintain their planned standard of living
A 55-year-old must save $824 per month to close the gap, compared with $234 for a 25-year-old

NEW YORK, June 10, 2026 (GLOBE NEWSWIRE) -- American workers must save an additional six-figure sum to protect

PensionBee Sounds Alarm on Six-Figure Social Security Shortfall

Wed, 10 Jun 2026 14:32:00 -0400

KEY FINDINGS:

Future retirees face an automatic 22% cut to monthly Social Security checks in just six years unless Congress acts
For an illustrative $2,080 monthly benefit, a 22% cut in 2032 will cost retirees $458 per month ($5,491 annually)
Workers must accumulate an additional $137,280 in personal savings before retirement to maintain their planned standard of living
A 55-year-old must save $824 per month to close the gap, compared with $234 for a 25-year-old

NEW YORK, June 10, 2026 (GLOBE NEWSWIRE) -- American workers must save an additional six-figure sum to protect

PensionBee Sounds Alarm on Six-Figure Social Security Shortfall

Wed, 10 Jun 2026 14:32:00 -0400

KEY FINDINGS:

Future retirees face an automatic 22% cut to monthly Social Security checks in just six years unless Congress acts
For an illustrative $2,080 monthly benefit, a 22% cut in 2032 will cost retirees $458 per month ($5,491 annually)
Workers must accumulate an additional $137,280 in personal savings before retirement to maintain their planned standard of living
A 55-year-old must save $824 per month to close the gap, compared with $234 for a 25-year-old

NEW YORK, June 10, 2026 (GLOBE NEWSWIRE) -- American workers must save an additional six-figure sum to protect

PensionBee Sounds Alarm on Six-Figure Social Security Shortfall

Wed, 10 Jun 2026 14:32:00 -0400

KEY FINDINGS:

Future retirees face an automatic 22% cut to monthly Social Security checks in just six years unless Congress acts
For an illustrative $2,080 monthly benefit, a 22% cut in 2032 will cost retirees $458 per month ($5,491 annually)
Workers must accumulate an additional $137,280 in personal savings before retirement to maintain their planned standard of living
A 55-year-old must save $824 per month to close the gap, compared with $234 for a 25-year-old

NEW YORK, June 10, 2026 (GLOBE NEWSWIRE) -- American workers must save an additional six-figure sum to protect

PensionBee Sounds Alarm on Six-Figure Social Security Shortfall

Wed, 10 Jun 2026 14:32:00 -0400

KEY FINDINGS:

Future retirees face an automatic 22% cut to monthly Social Security checks in just six years unless Congress acts
For an illustrative $2,080 monthly benefit, a 22% cut in 2032 will cost retirees $458 per month ($5,491 annually)
Workers must accumulate an additional $137,280 in personal savings before retirement to maintain their planned standard of living
A 55-year-old must save $824 per month to close the gap, compared with $234 for a 25-year-old

NEW YORK, June 10, 2026 (GLOBE NEWSWIRE) -- American workers must save an additional six-figure sum to protect

PensionBee Sounds Alarm on Six-Figure Social Security Shortfall

Wed, 10 Jun 2026 14:32:00 -0400

KEY FINDINGS:

Future retirees face an automatic 22% cut to monthly Social Security checks in just six years unless Congress acts
For an illustrative $2,080 monthly benefit, a 22% cut in 2032 will cost retirees $458 per month ($5,491 annually)
Workers must accumulate an additional $137,280 in personal savings before retirement to maintain their planned standard of living
A 55-year-old must save $824 per month to close the gap, compared with $234 for a 25-year-old

NEW YORK, June 10, 2026 (GLOBE NEWSWIRE) -- American workers must save an additional six-figure sum to protect

PensionBee Sounds Alarm on Six-Figure Social Security Shortfall

Wed, 10 Jun 2026 14:32:00 -0400

KEY FINDINGS:

Future retirees face an automatic 22% cut to monthly Social Security checks in just six years unless Congress acts
For an illustrative $2,080 monthly benefit, a 22% cut in 2032 will cost retirees $458 per month ($5,491 annually)
Workers must accumulate an additional $137,280 in personal savings before retirement to maintain their planned standard of living
A 55-year-old must save $824 per month to close the gap, compared with $234 for a 25-year-old

NEW YORK, June 10, 2026 (GLOBE NEWSWIRE) -- American workers must save an additional six-figure sum to protect

PensionBee Sounds Alarm on Six-Figure Social Security Shortfall

Wed, 10 Jun 2026 14:32:00 -0400

KEY FINDINGS:

Future retirees face an automatic 22% cut to monthly Social Security checks in just six years unless Congress acts
For an illustrative $2,080 monthly benefit, a 22% cut in 2032 will cost retirees $458 per month ($5,491 annually)
Workers must accumulate an additional $137,280 in personal savings before retirement to maintain their planned standard of living
A 55-year-old must save $824 per month to close the gap, compared with $234 for a 25-year-old

NEW YORK, June 10, 2026 (GLOBE NEWSWIRE) -- American workers must save an additional six-figure sum to protect

PensionBee Sounds Alarm on Six-Figure Social Security Shortfall

Wed, 10 Jun 2026 14:32:00 -0400

KEY FINDINGS:

Future retirees face an automatic 22% cut to monthly Social Security checks in just six years unless Congress acts
For an illustrative $2,080 monthly benefit, a 22% cut in 2032 will cost retirees $458 per month ($5,491 annually)
Workers must accumulate an additional $137,280 in personal savings before retirement to maintain their planned standard of living
A 55-year-old must save $824 per month to close the gap, compared with $234 for a 25-year-old

NEW YORK, June 10, 2026 (GLOBE NEWSWIRE) -- American workers must save an additional six-figure sum to protect

Idle Cash Could Leave Over $130,000 on the Table by Retirement, Finds PensionBee