I don’t agree. I also may not know enough but from my understanding of how this stuff works, I don’t agree with your assessment.
Allow me to explain.
Everyone has a different situation and what may be beneficial for one person may not be for another.
Every person needs to come up with an investment strategy that meets their financial goals. For some, working 9-5 for 40 years and investing in a 401k or other retirement plans works for their goals. For others, this is the last thing they want to do.
Retirement plans, while they may be pre-tax they also only provide a small return on investment.
Investing smartly with post-tax money can have a significant return that no pretax money could ever have.
If you want to build real wealth and retire early, you want to get as much cash now and find investments with higher returns so you double your money quicker. The more money you invest today with higher returns the quicker you will build your wealth.
This is similar to Robert Kiyosaki’s pet peeve about people investing in Real Estate solely for the tax benefits. People buy properties that don’t make them money just in order to enjoy a small tax benefit. These people never become rich.
The goal is to have as much money as possible making you the most money possible. That’s how you become rich.
So tying up money in an investment with a low return just to enjoy a small tax benefit is literally shooting yourself in the foot. You should probably be taking that money and paying income taxes on it and then putting that post-tax money in an investment that offers high returns.
Does this make any sense?