Sounds way better than it is: 401k 的致命

- lack of control, it is hard to manage ( you can't trade any stocks and there are very limited mutual funds available). consider changing your job to directly rollover your 401k in to IRA which won't result in any tax payable and you can trade stocks as you want.

- it is not FDIC insured, sorry;

I don't really like the idea having your hard-earned $$, specially retirement acct, managed by people you don't know. Our social security is the same story as 401k. Both are not reliable at all. And both sounds free loans to others or government. Passive investment, indeed.

sometimes, I am thinking, instead of making contribution to 401k, why don't I buy a nice house with decent furniture ( real properties, isn't it?) for my retirement b/c house and furniture aren't depreciated as much as cash unless earthquake.

IS CASH STILL A KING? You tell me, then.