Quote:
Originally posted by Capt. Carrera
I disagree. It will be the, "Hey, you haven't paid taxes on that 401k", bubble.
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Absolutely.
The buzzwords of the next decade will be "needs testing". If your income is too high or you have saved too well, your "tax-free" retirement will become taxable. A heavy Medicare "contribution" for those retired folks who can afford it. Social Security benefits will be adjusted downward based on a wealth index.
"Needs testing". Get used to it.