 Another reason not to have a 401k is if you're worried about future tax increases. Like I said, tax deferred is not tax free. So picture yourself with a handful of corn seed. The tax man comes and he says, okay, you owe me taxes on that handful of corn seed. And you say, oh no, I don't want to pay taxes on my corn seed. And he says, okay, I'll tell you what, I'll make a deal with you. I'll wait until you plant your corn seed out in the field here.