# Musk: Saving for Retirement Irrelevant **URL:** \ **Category:** Macro Economic Trends and Risks\ **Created:** [January 9, 2026, 10:04pm UTC](https://discussion.fool.com/t/musk-saving-for-retirement-irrelevant/122864 "2026-01-09T22:04:21Z")\ **Posts on this page:** 11\ **Page:** 1
**Author:** ![intercst](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/intercst/32/1543_2.png) [@intercst](https://discussion.fool.com/u/intercst)\ **Post date:** [January 9, 2026, 10:04pm UTC](https://discussion.fool.com/t/musk-saving-for-retirement-irrelevant/122864/1 "2026-01-09T22:04:21Z")
> **[Elon Musk says saving for retirement will be 'irrelevant' in abundant future](https://finance.yahoo.com/news/why-elon-musk-says-saving-182910836.html)** > > Tesla and SpaceX CEO Elon Musk described a future where technology creates an abundance of resources so "anyone can have whatever stuff they want." {{ Saving for retirement has been a cornerstone of personal finance for well over a century. It could become pointless soon, Elon Musk says. The Tesla and SpaceX CEO predicted AI would help create an “abundance” of resources for all. People would have “whatever stuff they want” and access to superb healthcare and education, he said. }} Basically, everyone can have a superyacht if they like. The only constraint will be if the ocean is large enough to moor them all. {{ LOL }} intercst ---
**Author:** ![FCorelli](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/fcorelli/32/47614_2.png) [@FCorelli](https://discussion.fool.com/u/FCorelli)\ **Post date:** [January 9, 2026, 10:26pm UTC](https://discussion.fool.com/t/musk-saving-for-retirement-irrelevant/122864/2 "2026-01-09T22:26:29Z")
No, the only restraint on unlimited abundance and “enough for everybody” will be making people pay for it. Poof! Instant shortage. No money? No infinite stuff for YOU. get a job ya parasite. Or better yet, get a wealthy family. ---
**Author:** ![JimA759s](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/jima759s/32/2844_2.png) [@JimA759s](https://discussion.fool.com/u/JimA759s)\ **Post date:** [January 9, 2026, 10:31pm UTC](https://discussion.fool.com/t/musk-saving-for-retirement-irrelevant/122864/3 "2026-01-09T22:31:10Z")
So, the Star Trek future will be real and it will be fabulous! Can’t Wait! JimA ---
**Author:** ![tjscott0](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/tjscott0/32/1083_2.png) [@tjscott0](https://discussion.fool.com/u/tjscott0)\ **Post date:** [January 9, 2026, 10:57pm UTC](https://discussion.fool.com/t/musk-saving-for-retirement-irrelevant/122864/4 "2026-01-09T22:57:39Z")
Well duh, when you have a trillion in compensation coming. There is no need to save for retirement. ---
**Author:** ![Goofyhoofy](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/goofyhoofy/32/4721_2.png) [@Goofyhoofy](https://discussion.fool.com/u/Goofyhoofy)\ **Post date:** [January 9, 2026, 11:37pm UTC](https://discussion.fool.com/t/musk-saving-for-retirement-irrelevant/122864/5 "2026-01-09T23:37:08Z")
In the long line of predictions that haven’t come true, and won’t come true: “There will be a million people on Mars by 2050” “We will have full self driving by: 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 We will have Cybercabs in half the country by the end of 2025.. We will fly people around the moon by 2018 The Optimus robot will be in mass production by 2025 The hyperloop will become a major mass transit system Neuralink will be implanted in human skull by 2020 We will have one million Robotaxis by 2020 A Tesla will be able to drive coast to coast without human intervention by 2017 You will be able to sleep while driving by 2019 Hyperloop will provide New York to Boston transportation soon. We will have zero new Covid cases in the US by the end of 2020 I can save trillions of dollars from the US budget _And now! For your listening an d dancing pleasure!_ You won’t need to save for retirement because people will have everything they want. I feel like the little boy who says “But the emperor has no clothes on!” And everybody else says “Ah, such regal finery. May I buy some more of your stock, please?” ---
**Author:** ![solarae100](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/solarae100/32/2514_2.png) [@solarae100](https://discussion.fool.com/u/solarae100)\ **Post date:** [January 10, 2026, 4:54am UTC](https://discussion.fool.com/t/musk-saving-for-retirement-irrelevant/122864/6 "2026-01-10T04:54:30Z")
Valerie Solanas basically said the same thing in her S.C.U.M manifesto in 1967. ---
**Author:** ![thegreatdane](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/thegreatdane/32/4269_2.png) [@thegreatdane](https://discussion.fool.com/u/thegreatdane)\ **Post date:** [January 11, 2026, 7:49pm UTC](https://discussion.fool.com/t/musk-saving-for-retirement-irrelevant/122864/7 "2026-01-11T19:49:14Z")
I’m don’t know why we keep listening to this Lucy. ![image](https://us1.discourse-cdn.com/motleyfoolfree/original/3X/b/b/bb72457006ee5029a23b487c89608b540e229059.jpeg) ---
**Author:** ![mostlylong](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/mostlylong/32/3943_2.png) [@mostlylong](https://discussion.fool.com/u/mostlylong)\ **Post date:** [January 11, 2026, 10:01pm UTC](https://discussion.fool.com/t/musk-saving-for-retirement-irrelevant/122864/8 "2026-01-11T22:01:47Z")
> [@thegreatdane](#): > > don’t know why we keep listening to this Lucy. I casually pay attention for entertainment. Such as here: > [@Autonomous vehicle predictions 2026](https://discussion.fool.com/t/autonomous-vehicle-predictions-2026/122738/1): > > New year, new predictions. ---
**Author:** ![Hawkwin](https://g.foolcdn.com/misc-assets/discourse-member-avatar_120px_green600.png) [@Hawkwin](https://discussion.fool.com/u/Hawkwin)\ **Post date:** [January 12, 2026, 3:05pm UTC](https://discussion.fool.com/t/musk-saving-for-retirement-irrelevant/122864/9 "2026-01-12T15:05:33Z")
> [@intercst](#): > > The Tesla and SpaceX CEO predicted AI would help create an “abundance” of resources for all. Who is going to be the first to tell him that the actual distributing of the “resources for all” will require some form of socialism? ---
**Author:** ![bjurasz](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/bjurasz/32/7233_2.png) [@bjurasz](https://discussion.fool.com/u/bjurasz)\ **Post date:** [January 12, 2026, 3:24pm UTC](https://discussion.fool.com/t/musk-saving-for-retirement-irrelevant/122864/10 "2026-01-12T15:24:04Z")
> [@Hawkwin](#): > > Who is going to be the first to tell him that the actual distributing of the “resources for all” will require some form of socialism? This is exactly why this whole UBI thing is utter nonsense. Or, more precisely, is their way of getting “us” to buy into all of this scam. Rich people whom today do not want to compensate employees to a livable wage when they are reaping rewards from their labor are just going to suddenly start giving EVERYONE EVERYTHING they need and desire when they are not even employees any more? Dream on. Wake up. ---
**Author:** ![intercst](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/intercst/32/1543_2.png) [@intercst](https://discussion.fool.com/u/intercst)\ **Post date:** [January 12, 2026, 3:47pm UTC](https://discussion.fool.com/t/musk-saving-for-retirement-irrelevant/122864/11 "2026-01-12T15:47:22Z")
> [@bjurasz](#): > > This is exactly why this whole UBI thing is utter nonsense. Or, more precisely, is their way of getting “us” to buy into all of this scam. Rich people whom today do not want to compensate employees to a livable wage when they are reaping rewards from their labor are just going to suddenly start giving EVERYONE EVERYTHING they need and desire when they are not even employees any more? Dream on. Wake up. Actually, no. The Tech Bros understand that you need people flush enough to buy their products. Walmart doesn’t think it’s “socialism” when a SNAP recipient pays for their groceries with the SNAP debit card – the money is still green to them. Even rabidly anti-union Henry Ford understood that workers need to earn enough to buy his Model T automobiles, if he is to be successful. intercst