Elon Musk, the billionaire CEO of Tesla and SpaceX, stoked debate about the future of retirement savings by saying that in the coming years, traditional retirement planning could become “irrelevant” amid technological advances.
“One side recommendation I have is: Don’t worry about squirreling money away for retirement in 10 or 20 years,” Musk said on the “Moonshots with Peter Diamandis” podcast. “It won’t matter. If any of the things that we said are true, saving for retirement will be irrelevant.”
Musk envisions a future of unprecedented productivity, where advances in artificial intelligence, energy and robotics produce economic “abundance” and details ⇒
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