<prompt> Human: I bought my sister YNAB for Christmas and told me retirement is impossible. She showed me this video and a few others. A few of my friends have this mindset as well they avoid debt and have very large emergency funds but otherwise keep the rest in cash. To be fair I have this fear as well but I plan to invest in every area I can P2P, Real Estate, PMs and my TSP. Heres another same person:  <response>: The guy calls himself the asshole consultant. That right there should be a major red flag to anyone thinking of taking him seriously.He says if its not feasible to save for retirement dont do it. Well yea of course, if you cant pay rent now dont be putting money into a 401k. No one argues this point. People do need to seriously consider if it is not feasible to save for retirement or if its not feasible because they want to go out to eat onceweek and buy Starbucks every other day.He says people of the past had all these other ways of retiring like pensions and bunch of stuff he glosses over. What is all that stuff he glosses over and exactly why was that good then but not possible now? Scrutinize that and Im sure you can tear it apart as nonsense.He says 401ks and IRAs are all invested in stocks and bonds leading to them being over valued. But he completely ignores the fact that pensions, which he seems to praise, are also made up of the same stocks and bonds. He takes a classic fear mongering approach of saying that the government can steal your 401k, IRA at any point in the future. Yea, the government could pass legislation that hurts the benefits of those accounts. You could also get hit by a car tomorrow or an asteroid could destroy all life on earth too. None of those are likely.If you are counting on the future being that terrible then no, dont bother saving. But by not saving you are guaranteeing that the future will be terrible for you. Odds are, those who planned for the future will be just fine though. 