Elon Musk just gave retirement planning the most radical advice possible:
“Don’t worry about squirreling money away for retirement in 10 or 20 years — it won’t matter.
You won’t need to save for retirement.”
His reasoning (from the same conversation):
We’re already in the singularity — “the event horizon” where prediction breaks down.
The accelerating timeline makes long-term saving irrelevant.
Services, homes, healthcare, entertainment — abundance will be so extreme that the old rules vanish.
Peter Diamandis: “The way this unfolds is fundamentally impossible to predict because of self-improvement of the AI and the accelerating timeline.”
Elon: “We’re in this beautiful sweet spot… like being at the top of the roller coaster about to drop. I don’t just have courtside seats — I’m on the court.”
If saving for retirement becomes pointless in the next 10–20 years because we’re already past the event horizon…
what’s the first thing you’d change about how you live right now?
Meet Michael Rubin
He turned $2,500 in Bar Mitzvah money into Fanatics, a $30 Billion sports powerhouse.
Born in 1972 to a Jewish family in Lafayette Hill, Pennsylvania, Rubin showed entrepreneurial drive early.
• At 12, he started a ski-tuning shop in his parents’ basement.
• At 14, using his $2,500 Bar Mitzvah money as seed capital (and a lease signed by his father), he opened Mike’s Ski and Sport in Conshohocken, Pennsylvania.
By 16, he was $120,000 in debt. He settled with creditors using a $37,000 loan from his father—on the condition he attend college.
He briefly attended Villanova University but dropped out after a smart deal: borrowing $17,000 to buy $200,000 worth of overstock equipment at a discount, then reselling it for $75,000.
He sold his ski shops and launched KPR Sports (named after his parents’ initials), a closeout company for overstock athletic gear.
• By age 21 (1993), KPR hit $1 million in sales.
• By 1995, it reached $50 million.
In 1998, Rubin founded Global Sports Incorporated, which became GSI Commerce—a major e-commerce and logistics player.
In 2011, at age 38, he sold GSI to eBay for $2.4 billion!
eBay kept the fulfillment business; Rubin bought back the consumer brands at a bargain, including Fanatics (licensed sports merchandise), Rue La La, and ShopRunner.
He became CEO of Fanatics and focused on scaling it aggressively:
• Secured major partnerships with Nike, NFL, MLB, and over 900 leagues/teams.
• During COVID-19 (2020), repurposed an MLB uniform plant to produce hospital gowns and PPE.
• Raised big funding rounds: $350M (2020, valuation $6.2B), more in 2021, then $1.5B +
$700M (2022, valuation hit $31 billion).
• Expanded into trading cards (acquired Topps for $500M in 2022) and betting/gaming (launched 2023).
From a teenage ski shop to a global leader in sports merchandise, trading cards, and more, Michael Rubin’s journey is a classic American Jewish entrepreneurial success story built on hustle, smart deals, and Values.
Trump's ruthlessness is clear: he federalized 4,000 of our state's National Guard and sent 700 active duty Marines to threaten and invoke fear in the very people they have sworn to protect.
Wake up to what is going on in this country.