I agree completely with you. However, one minor nit-pick: > 401k is often better than IRA since it's matched Some IRA's are matched as well. SIMPLE IRA's for

I agree completely with you. However, one minor nit-pick: > 401k is often better than IRA since it's matched Some IRA's are matched as well. SIMPLE IRA's for example, are effectively like a 401k for the user; your company still matches up to some percentage, although you gain some freedoms in being able to take your IRA account to any investment company, not just the one your company chose. SIMPLE IRA's are cheaper and easier for a small business to run for their employees.