The more I run through it in my head, the higher the probability I assign to a government confiscation of some kind towards American citizen retirement accounts.

The honeypot of untaxed gains will be too tempting to pass up amongst skyrocketing debt and, what I believe, fewer and fewer nation-states and corporations to buy that debt.

Potential actions:

1. Lower the age of RMDs on pretax money

2. Increase tax rates for withdrawn pretax money (think ordinary income + 5%, for example)

3. Changing the rules on Roth distributions. Complete rug pull of the rules. Gains now taxed at x%

This is just a hunch. Not saying it’s going to happen for sure, but the probability rises every day.

It’s another reason to diversify tax buckets.