Thanks Denny, good information!!
Everyone's situation is different obviously so no solution is going to work perfectly for everyone. The reasons why I don't like the plan you described:
I plan on being in the same or higher tax bracket in retirement as I am now, so I'd rather pay the taxes now and put as much money in Roth type accounts.
I plan on having a greater than 5% return per year on average throughout my investing timeline to retirement.
I'm always weary of someone else managing my money and the fees associated with that. Even a 1% management fee is hugely significant over the long term.
But this type of plan might work for some if it's
volutary. Otherwise I don't think I could vote for it. Just gimme more cash!!