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Be One's Own CFO for Personal Finances

Here's a simple strategy of managing personal finances:  50/30/20 rule.   50% for necessities such as housing, utilities, groceries.   3...

Saturday, January 24, 2026

Elon Musk says Retirement Savings Won't Be Needed in 10-20 years.


Says the person that just negotiated a trillion dollar compensation package.   ROFLMAO.   Why does he need such a large pay package if retirement is irrelevant?

Recall that Musk promised FSD (Full Service Driving) initially in 2016 and still has not delivered as of the end of 2025.  Maybe he is hedging his prediction.😂

As brilliant as Muskman is, I don't think I'll bet on not needing retirement savings just yet.  Especially, since Social Security payments will be reduced in 2033 if Congress doesn't not take action.

For more on Reflections and Musings , check back every Saturday for a new segment.

This is not financial, retirement, Muskman advice. Please consult a professional advisor.

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