<prompt> Human: Ok I am told that you should always save for retirement, whether it is free money from employer match or just few hundreds a year, because at the end compound interest will pay off. Im single, no debt, rentingplaning to buy a property after 5 years, and live comfortably, can definitely spare some money for retirement but my question is why should I?My reasoning is as follow:1. Why put money away if I can only spend it when I retire and what happens if I dont live that long?2. If my investment portfolio can say generate 10 a year, why not put money in that Instead of retirement? Meaning I am going to get more money and I can save the profit and use it when I retire.What are other incentives I am missing?  <response>: What if you DO live long enough to retire? You dont have an answer to this question, which is why you want to save for retirement. You need income during this time when youre not making money. You can make that same 10 in a retirement account. The reason you want to use a retirement account is the tax benefits of using one of these accounts. 