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Elon Musk Says Saving For Retirement Will Soon Be ‘Irrelevant’
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Elon Musk says saving for retirement will soon be ‘irrelevant’

Tech billionaire predicts AI-driven future of abundance

Elon Musk says saving for retirement will soon be ‘irrelevant’
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StarsInsider
12/01/2026 10:30 ‧ 5 hours ago | StarsInsider

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Grokipedia

Elon Musk has suggested that saving for retirement could become “irrelevant” within the next 10 to 20 years, arguing that advances in artificial intelligence, robotics, and energy will create a future of economic abundance.

Speaking on the ‘Moonshots with Peter Diamandis’ podcast, the Tesla and SpaceX CEO said rapid technological progress could lead to what he described as a “universal high income,” where access to healthcare, education, and goods is no longer limited by scarcity.

Musk acknowledged the transition would likely be disruptive, warning of social upheaval and a potential loss of purpose as traditional jobs disappear. Critics note that his vision contrasts sharply with current economic pressures, including inflation, rising costs, and widespread concerns about retirement security.

From bold predictions to controversial philosophies, click through the following gallery to explore the ideas, values, and ambitions shaping Elon Musk’s worldview.

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