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Why Elon Musk says saving for retirement will be 'irrelevant' in the next 20 years

Saving for retirement has been a cornerstone of personal finance for well over a century. It could become pointless soon, Elon Musk says. "One side recommendation I have is: Don't worry about squirreling money away for retirement in 10 or 20 years," the Tesla and SpaceX CEO said during the latest episode of the "Moonshots with Peter Diamandis" podcast. "It won't matter."