Let’s not forget the real elephant in the room with 401k’s. The traditional 401k v Roth, is the real killer imo. I’ve done all I can to put away as much as I can into the Roth portions my entire career. ( yes one day soon I’ll hit that limit and won’t qualify anymore). The clowns in D.C will eventually realize that all these social programs will require more and more of our money to fund that disaster. So yes as a mid 30’s guy I’m fairly sure they will tax that at significantly higher rates than we think in present day. Don’t forget before Reagan we had as high as 90% taxes on some income brackets and I won’t be surprised if that comes to fruition one day. Our liabilities are the “real no joke” looming U.S. crisis and were just acting like it’s not a problem.
...ok and I’ll take my tin foil hat off and back to the retirement discussion