Abstract: A system and computer-implemented method for use in generating an investment strategy for retirement income growth utilizing a crowdsourcing recommendation as an input is provided. Information about the user may be gathered. A goal or range of goals may be provided by the user or may be proposed by a computing device based on the user information. Crowdsourcing members who satisfy threshold criteria may be automatically selected to provide a recommendation on the user goal and/or the proposed investment strategy. A user may select a specific crowd member for a recommendation. An impact of the crowdsourcing recommendation on the user's retirement income growth may be estimated. Steps to implement the crowdsourcing recommendation may be provided to the user. As a result, the user may remain anonymous and may receive recommendations on one or more goals and/or investment strategies that they may not have received otherwise.

Abstract: A system and computer-implemented method for use in generating an investment strategy for retirement income growth utilizing a total cost of ownership (TCO) obligation for an item as an input is provided. Information about the user may be gathered. An item having a TCO obligation may be determined using the user information. The TCO obligation for the item may be estimated from a plurality of sources. A category for the item may be determined. An impact on the user's retirement income growth based on the TCO obligation for the item may be assessed. A modification to the investment strategy, the item, and/or a lifestyle interest of the user may be recommended based on the assessed retirement income growth impact and/or the category of the item. Steps to implement the recommendation may then be provided to the user.