Young People More Likely to Use AI's Financial Advice

Data from Statista Consumer Insights shows that almost half of Americans between the ages of 18 and 64 are open to using AI-based tools for budgeting, investing and financial planning. The survey also shows that men are more likely than women to let AI take the lead when it comes to investment and financial planning. While 51 percent of U.S. men said they would try this out, only 41 percent of U.S. women said the same. Overall, 46 percent of Americans agreed.

However, age is the bigger predictor of willingness to give AI financial advice a go. Members of Gen Z as well as Millennials are more likely to use such a set-up, at more than half saying so, while agreement among U.S. Gen X members and Baby Boomers is as low as 35 percent and 21 percent, respectively.

As part of the survey, 47 percent of Millennial women and 52 percent of Gen Z women in the U.S. said they would use such tools. The same was only true for 42 percent of Gen X men and a low 25 percent of Baby Boomer men.

Interest in AI financial advice looks similar in the United Kingdom, but is lower in Germany. Only one third of German respondents indicated interest in AI-led financial planning or investing. Interestingly, numbers across all three countries did not rise since the same survey was carried out in 2025 despite AI making gains over this time period.