401Ks and government structured retirement plans are a bit of a thing that's out-dated. These are single use products that lack of efficiency. They lack tax favor. They surrender control and liquidity. There are too many eroding factors to your money such as fees, taxes, inflation, lost opportunity cost, planned obsolescence.
Contracts lack volatility. You can optimize better returns by learning how to be passively in non-market assets. Partner with best- in-class operators. Profit participation is relative. Share economy says that anyone can actively engage. It's about who you know and who they know.
Taxes, taxes, taxes. Think about how many times you're taxed on your income. It's not just once.
Federal, State, Local, Social Security, Medicare, Property, Sales, Luxury, INFLATION, Interest rates, Penalties & Fees. It's active gouging.
It's a savings tool for the wealthy in a tax free environment. Liquidity gives you access to your capital. Access is almost everything.
Having control of your money is better than having it be in jail. Grow capital within the confines of your own savings and leverage system, the same strategies used by the banks. It's not necessary to have a middle man between you and your money.
Wall Street and Real Estate appreciates and depreciates. Debt, leverage and arbitrage gives your money velocity.