From: Douglas Johnson 
Newsgroups: misc.invest.financial-plan
Subject: Re: Early Retirement & Oversaving in IRAs and 401ks
Date: Mon, 21 Aug 2006 10:34:24 -0500
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"woessner@gmail.com"  wrote:

>I've started thinking that maybe we should put some after-tax money
>toward retirement.  But the very idea rubs me the wrong way.  The
>government really wants me to use tax-deferred vehicles to save for
>retirement.  They offer huge incentives to do so.  But at the same
>time, they're going to penalize me if I access those funds before age
>59.5.  What the right hand giveth...

I guess this is another opportunity for me to get on my after-tax savings
soapbox.  Skip the emotion and do the numbers.  Depending on your assumptions, a
tax efficient mutual fund such as an S&P 500 index can give you roughly as much
or more money in retirement than IRAs or other tax deferred plans.  And the
government is not going to be telling you when you can spend it...

-- Doug