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Elon Musk says saving for retirement is irrelevant: 'It won't matter'

finance.yahoo.com

5 points by quantified 22 days ago · 4 comments

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ggm 22 days ago

We used to have a term for a world where the "cost" of things wasn't measured in money, and abundance implied general living conditions were amicable and mutual.

Somehow I don't think this very stable genius has walked far through the consequences for his personal wealth, freedoms and his influence, in a world where money has no strict meaning.

On the delivery rate for FSD and Mars, I suggest people currently working who can do so, Ignore Musk and continue to contribute to retirement savings and that part of the state savings economy which supports their future retirement well-being. It's arguable their great-grandchildren will still be working, in a money based resources and goods rationing system like we have now.

If Musk paid himself less and paid more tax, we'd all be better off. If most of Musk's endeavours didn't have him, they'd also probably be better off.

bigfatkitten 22 days ago

Just add it to the list of his other predictions that have been entirely wrong.

https://www.wired.com/story/theres-a-very-simple-pattern-to-...

mlhpdx 22 days ago

Let’s game that out. What happens during the transition? Oh, inconveniently ugly things that Musk won’t say out loud. Oh, and the timeline makes that transition interminably long.

ZeroGravitas 22 days ago

This pairs well with the other current headline about him being recruited by the pentagon to wage a nuclear war.

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