Elon Musk: Stop saving for retirement, it’s a waste of time! Musk recently dropped a bombshell retirement planning advice that’s shaking up the internet—his take is as radical as it gets: Future currency will be worthless. Stop scrimping and saving for retirement 10 or 20 years down the line—it’s completely pointless. You don’t need to save a single penny for retirement! Here’s what he said (from a conversation earlier this year): We’re already in the singularity—what’s known as the “event horizon,” where all conventional predictions fail. The pace of progress is accelerating so rapidly that long-term savings have become meaningless. Services, housing, healthcare, entertainment—everything will be abundantly available in the future, and the old survival rules will no longer apply. Peter Diamandis added: “Because AI will continue to evolve itself, combined with the accelerating pace of development, where all of this is headed is fundamentally unpredictable.” Elon said: “We’re at a beautiful tipping point… like that moment when a roller coaster reaches the top and is about to plunge down. I’m not just sitting in the VIP section—I’m right in the middle of the action.” If, in the next 10–20 years, saving for retirement becomes meaningless because we’ve crossed the event horizon of the singularity… Then what’s the first thing about your current lifestyle that would change, bro?