[old and tired]

No question about it. They're already confiscating the equivalent of IRA's and 401k's in some parts of Europe. It's only a matter of time before they do it here. The justification will be that the money was tax advantaged and so the government will say on those grounds it has a right to people's private property. I have advised my adult children to no longer participate in their work's 401k's beyond an employer match, if any.

All retirement money should be put into real estate and other non-tax advantaged investments.

[Black Agnes]

The problem with real estate investments is the taxes on that.

Eventually you’ll be like Scarlett O’Hara trying to come up with gold money to pay the taxes on Tara.

The paper money will be essentially worthless IF you’re even allowed to have enough of that to pay taxes anymore.

[a fool in paradise]

I say end all public pensions NOW.

They can’t take MY retirement savings and then demand a monthly stipend of 90% of their salary especially while they continue to work in another line of work.