The government run but industry funded (by levy) MoneyHelper.org service has today launched a mid-life money MOT tool.
The online tool is designed to act as a ‘signpost’ prompt when you are mid 40s to mid 60s, getting closer to or thinking about retirement and prompt you to review:
Try it today (it takes 5 minutes): https://www.moneyhelper.org.uk/en/everyday-money/midlife-mot
Comment
We have tested the Mid Life MOT tool and we have to say it is very basic when compared to the robo financial adviser we are currently building. It merely offers simply messaging such as:
It is a start but we have to say, this is not AI – this is a simple, probably 30 field database of questions with 2 or 3 reponse prompts for each scenario. Very basic.
If you want a full money review and MOT, check out our service: