What’s the point of saving in a retirement plan IF:
You will not get sufficient income to live on?
(Did you work all those years just to be able to survive
and stress about running out of money?)
You’ll run out of money while you have many years left to live?
(People live a lot longer now.
Wouldn’t it be nice for your money to last just as long?)
Uncle Sam and the money managers eat up most of your money?
(You were the one who worked so hard for the money!
Why should they get so much of it?)
The stock market can destroy much of your savings?
(Save all that money just to watch the stock market take it back, leaving you with scraps?)
Your plan maximizes your income tax bills after you stop working?
(Why would you want to pay full income tax when you are no longer earning an income?
Isn’t the idea to MINIMIZE taxes when retired?)