Robo advice
Robo advice refers to the service of providing financial advice using algorithms and automation and without the direct involvement of a human adviser during the act of providing that financial advice.
Inflation impacts different age groups differently depending on their financial situation and investments. Some assume that older people have more assets that do not appreciate in line with inflation, while younger people have more debt. In this context, they may be right that inflation redistributes wealth from the old to the young.
