Mr Motivator has urged workers to stop saving for their pensions and splurge the cash.
The fitness guru wants people to ditch plans for their futures and live like there’s no tomorrow.
The telly favourite, real name Derrick Evans, says he’s lost too many pals who didn’t enjoy life and saved their hard-earned cash for retirement.
Many never made it to their 60s, so never got to spend it.
So now he’s given up on the whole idea of saving for a pension and reckons others should join him in lavishing their money on holidays now to revel in the moment.
The 67-year-old said: “I started saving into a pension at GMTV in 1993 when I was 40.
“I used to think pensions were a good idea and that saving into one was important. But I no longer think that.
“I’ve attended the university of life and my current view is: you should live your life now like there is no tomorrow.
“I have lost too many friends who had all these wonderful pensions and ideas about how they were going to spend their retirement.
“They died or fell ill and never got the chance. You change your attitude when that happens.”
He now spends his time travelling the world and has a huge property across 30 acres in Jamaica to fly to when he wants.
He added: “I think people should forget about saving for a pension, especially if you own your home.
“Instead, enjoy yourself while you can: have a holiday with the money and do not take your health for granted.”