Betting your entire future on superannuation or a 401(k) is risky. Governments facing aging populations might seize or ration pension funds, and waiting decades to enjoy life means gambling on an uncertain retirement that may never come.
If anyone's just relying upon super or 401, I think that is an incredibly risky strategy. And why work your entire life until one day magically you can retire and live the good life? Why not set up a life that you don't have to retire from right now? To me, if you're just relying on 401 or super, I think it's incredibly risky. I personally think the government's going to grab that in the future, and I think they're going to ration it to people as a pension because they can't afford the aging population. Mm-hmm. So I think relying on that is incredibly risky.
