Elon Musk says that we no longer need to save for retirement. It doesn't matter. To quote.
“Don’t worry about squirreling money away for retirement in 10 or 20 years,”
“It won’t matter.”
That's the world's richest person investment advice. Who's going to take it?
https://fortune.com/2026/01/12/elon-musk-retirement-savings-irrelevant-ai-robots-abundance/
Elon Musk says we don't have to invest for retirement anymore.
byu/fallingdowndizzyvr ininvesting
Posted by fallingdowndizzyvr
22 Comments
“Right wing leech babbles nonsense, do you concur?”
I thank god. He is so smart the cars drive themselves* has sent rockets to mars* has commercialized hyperloops* real-non remote controlled robots* and more!
*coming next year
Is that investment advice?
Is he a qualified investment advisor?
From the guy who said he needed a trillion dollar pay package. If we don’t need to invest why does he need so much money? Am I supposed to believe he will give us his money for the greater common good?
Press X to doubt (no pun intended)
This is more of a threat than advice. He doesnt intend to leave anything like a functioning society left on Earth in 20 years.
Why? Because we are going to tax him and his ilk at 95% rates?
These shitbirds expect you to work until you drop dead.
Considering “next year” means at least 15 years in Musk’s ~~bullshit~~ parlance, 10-20 years = at best 150-300 years.
If AI and self replicating humanoid robots can replace all workers, we won’t need to work for our food and housing, and products can be made for a fraction of the cost. Humans can enjoy life, as they no longer have to “go to work” as everything is provided for them by AI robots who will not have to be paid.
It will be a Utopia as humanoid robots will serve our every need.
It just sounds like a threat to me
Every day, Leon says something more irresponsible than the day before
Please take this advice and sell everything.
This man has no connection with the common person. It’s like listening to Trump talk about groceries… “an old fashioned term” or Bill Gates trying to guess the price of a gallon of milk on The Price Is Right.
Shit advice from a shit human
It’s cuz he’s giving us all a million bucks, right? That’s what he means?
It won’t matter because him and the tech bros plan on culling a large portion of the population and the rest will be kept as slaves..
Im trying to think of the real reason why he would say this and its just not clicking. Can anyone explain?
Everything will be available at your disposal, free to all , just sit back and enjoy. This man has so much talent but says some of the dumbest shit I’ve ever heard.
Alright Elon. Let me see whether all my 401(K) will go on red or black at the Venetian.
Words of a con artist if I’ve ever seen em
It was really tragic that 5 billion people died. Really. But I was… right… that… that, they didn’t need to save for retirement. <shrug> <chuckle>