Don't Stop Saving

Don and Tom take on Elon Musk’s claim that AI will make retirement saving obsolete, pushing back hard on the idea that technology or billionaires will somehow fund everyone’s future. They examine why universal basic income is politically and mathematically unrealistic, remind listeners that past tech revolutions didn’t magically create widespread wealth, and reinforce the importance of steady, diversified investing. The episode also tackles listener questions on HSAs, 529 rollovers, taxable account strategy, and tax efficiency, while weaving in commentary on work, purpose, behavior, and—once again—the ongoing menace of gas-powered leaf blowers.

0:04 Fear of AI and...