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My biggest concern with all government investment/savings schemes is that the rules and future tax rates when I'm ready to withdraw are a politician's whim away

• dragontamer 10y ago
  As is the dollar itself. If a future politician 20 years from now decides that printing money is great for the economy, you're screwed if you go the savings account route. Politicians control the world. They can screw you in many ways, like bombing you with remote missiles from a drone strike. Or taking away money.
• yellowstuff 10y ago
  It's certainly a risk. If you were exploiting some unpopular loophole then there's an excellent chance that the regulations will change in the future. But the 401k is so widely used and promoted that any major change would be highly scrutinized and incredibly controversial. I think the US defaulting on its debt is more likely than a change to 401k rules that would screw over savers. Ultimately, if you don't want the government to have any ability to affect the value of your investment then canned food and ammo are the only asset classes you're left with.
• drjesusphd 10y ago
  Which is a great reason to also invest in a Roth IRA.