Quote:
Originally Posted by Mesabah
Congress has talked about using 401K funds as emergency funding. If you are in your 30s or less, plan to have your 401K taxed at near 100%, or replaced with a worthless bond annuity.
Congress has also talked about reopening the JFK investigation. In 70s or 80s they made a toothless order requesting all extra terrestrial evidence held by the military to be turned over.
There are some losers on 401k, and diversity in investments is a worthy goal. If you want to make the assumption the 401k will get robbed someday by someone wearing a suit and tie that's fine, but your wages have have been stolen with some regularity by the suit and tie group and 401k MAD plots destroying American's retirement are still in the future. Also it may not happen.
Right now I've got family members retiring or retired on their 401k, so save some of the crazy for infowars.