mh
Thinks s/he gets paid by the post
That's interesting. People who draw a nice paycheck (like lawyers, doctors, and other professionals), can only contribute small amounts of their income to tax-deferred accounts. DW and I haven't been able to contribute to a deductible IRA in ages because of income limitations. That leaves putting relatively small amounts of money in 401Ks when available. Today, only 15% of our portfolio is in tax-deferred accounts.
note: if it's someone like a lawyer or doctor, small business owner, etc.. who is part of a closely held partnership/practice they may well have large tax deferred accounts built up via vehicle's other than run of the mill mega-corp style 401K's