'Saving for Retirement Will be Irrelevant’: Elon Musk Says

Anonymous
https://www.barchart.com/story/news/26256/saving-for-retirement-will-be-irrelevant-elon-musk-says-unless-youre-retiring-in-the-next-decade-squirreling-money-is-pointless

You are that boys and girls lol. So stop asking whether you have enough saved for retirement. You don't have to worry about it. Now go ahead and book that $20k trip to the Maldives.
Anonymous
Anonymous wrote:https://www.barchart.com/story/news/26256/saving-for-retirement-will-be-irrelevant-elon-musk-says-unless-youre-retiring-in-the-next-decade-squirreling-money-is-pointless

You are that boys and girls lol. So stop asking whether you have enough saved for retirement. You don't have to worry about it. Now go ahead and book that $20k trip to the Maldives.


We'll be able to walk to the Maldives BECAUSE THERE WILL BE NO WATER.

I'm exaggerating to make a point.
Anonymous
Yes, because Maldives is also going to disappear with rising sea levels...
Anonymous
Anonymous wrote:Yes, because Maldives is also going to disappear with rising sea levels...


Don't worry Grok will lower the rising sea levels
Anonymous
It's funny to see this guy fighting tooth and nail to become the first trillionaire (including in court to get his huge pay package approved) while insisting into every microphone that passes by that money is going to meaningless in 6 months. "Pay no attention to my behavior, proles! Spend everything you have and don't advocate for higher wages for yourself, I promise it will be fine!"
Anonymous
I wonder if Americas admiration and obsession in awe will billionaire is at a turning point.

Billionaires are not your friends. No matter how much you help get with their products they think you are always overpaid. If they could force you to work for free they would have done it.

The US is really good at identifying Oligarchs everywhere but here. The truth is the US has the most powerful oligarchs.

Elon is telling you what his billionaire friends have in mind. They want you to be FOREVER beneath them and neither you nor your lineage 1000 years down the line will ever catch up to them.
Anonymous
I want what this dude is smoking...man!
Anonymous
To be sure, Musk has always been a believer and proponent of UBI.

I think one thing that's unsaid about this is we'll tax the hell out of the robots and redistribute the income to achieve it.
Anonymous
He has said a lot of crazy stuff....but this is by far his worse statement. Holy cow haha.

Here's what worries me though? Do you think there will more than 2 Americans who will actually believe him and act accordingly. If yes we are officially f**d as a country.
Anonymous
I don’t understand why Elon musk isn’t accountable for his track record.
Anonymous
He’s such a joke.
Anonymous
Folks just google the percentage of Americans who have saved for retirement. Google it by gender, class, age, anything....

You will be shocked by the massive number of Americans who have not saved for retirement or are so behind its pointless for them to do so now.

So Elon is simply stating a fact that's already reality.

We talk among each other on this forum and most of us even the ones behind in retirement are doing well from a retirement standpoint.

Go on reddit, talk to people, it's scary. It's very difficult to envision how this country can function as a normal country beyond 2030 when we will start having massive waves of retirement, births becoming rare events, and immigration severely reduced.
Anonymous
Anonymous wrote:Folks just google the percentage of Americans who have saved for retirement. Google it by gender, class, age, anything....

You will be shocked by the massive number of Americans who have not saved for retirement or are so behind its pointless for them to do so now.

So Elon is simply stating a fact that's already reality.

We talk among each other on this forum and most of us even the ones behind in retirement are doing well from a retirement standpoint.

Go on reddit, talk to people, it's scary. It's very difficult to envision how this country can function as a normal country beyond 2030 when we will start having massive waves of retirement, births becoming rare events, and immigration severely reduced.


Don't be so doom and gloom, many of those people will die before they need to worry about retirement.
Anonymous
Anonymous wrote:
Anonymous wrote:Folks just google the percentage of Americans who have saved for retirement. Google it by gender, class, age, anything....

You will be shocked by the massive number of Americans who have not saved for retirement or are so behind its pointless for them to do so now.

So Elon is simply stating a fact that's already reality.

We talk among each other on this forum and most of us even the ones behind in retirement are doing well from a retirement standpoint.

Go on reddit, talk to people, it's scary. It's very difficult to envision how this country can function as a normal country beyond 2030 when we will start having massive waves of retirement, births becoming rare events, and immigration severely reduced.


Don't be so doom and gloom, many of those people will die before they need to worry about retirement.


Lol.
Anonymous
Anonymous wrote:Folks just google the percentage of Americans who have saved for retirement. Google it by gender, class, age, anything....

You will be shocked by the massive number of Americans who have not saved for retirement or are so behind its pointless for them to do so now.

So Elon is simply stating a fact that's already reality.

We talk among each other on this forum and most of us even the ones behind in retirement are doing well from a retirement standpoint.

Go on reddit, talk to people, it's scary. It's very difficult to envision how this country can function as a normal country beyond 2030 when we will start having massive waves of retirement, births becoming rare events, and immigration severely reduced.


People will have to live with family like in olden times.

And they won't live to their maximum lifespan because they won't have unlimited ability to spend on health care.

That's all.
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