Exactly that. The government of the country where I currently live constantly fiddles with taxation rules retroactively. I'm quite sure it's the same most every

Exactly that. The government of the country where I currently live constantly fiddles with taxation rules retroactively. I'm quite sure it's the same most everywhere. I'd rather put my money in places where I am in control to the max. No special tax advantaged retirement funds for me, thank you. They are not that lucrative anyway around here, and the conditions under which one can use them (retirement age, taxation, ...) change all the time, for worse. The last creative change by the government was it taking an advance on future taxation from my current retirement fund savings, in exchange for "not taxing it anymore in the future". Hah, /me does not believe a single word of that! I'd rather invest my puny savings into my own little maker company. With the proceeds, I rather buy productive assets that I 100% understand. Things that are as close to physically under my control as possible. Anything but government incentivised savings. Those will bite one sometime sooner or later anyway!