Check out this page from Dave Ramsey: The White House Wants to Cap Your Retirement Savings
People who don't know the meaning of "live within your means" now want to limit YOUR means. And these people who have no clue how to save money want to determine for you what is "reasonable" savings to have.
If I was cynical, I would say it looks like they are trying to ensure that everyone is dependent on the government. And the people who are wise enough to plan for the future and disciplined enough to make it happen are totally messing it up for them.
People who don't know the meaning of "live within your means" now want to limit YOUR means. And these people who have no clue how to save money want to determine for you what is "reasonable" savings to have.
If I was cynical, I would say it looks like they are trying to ensure that everyone is dependent on the government. And the people who are wise enough to plan for the future and disciplined enough to make it happen are totally messing it up for them.