<prompt> Human: My girlfriend recently consulted a financial coach and Im a bit miffed by the advice she received about 401ks. Were in our mid-20s and I always thought this would be a crucial time to start building a strong habit of 401k contribution. This financial coach, however, didnt have much positive to say about them.These two pages in an informational packet caught my eye:The second page reads, in most of its oddly-formated glory: 401k 403B Pros ConsAdvantages: 1. Large Contribution Amount 2. Tax deduction 3. Employee Matching 4. Tax Deferred Growth 5. Its easy 6. Everybodys doing it 7. Creditor Protected 8. Loan provisions Disadvantages: 1. Reverse Tax Planning 2. Deferred TAX EXPLOSION - Federal, State, City3. 100 in Government Control - What Age You Access4. 100 in Government Control - How Much is Yours Tax Bracket5. Affects the Tax Bracket of other income - Social Security now taxable6. Only Asset You Own Taxed Twice at Death - Income Tax Estate Tax7. Creates Hardship Today - Dont Get to Use Money8. Cannot Own What You Want in Plan9. Non-Liquid10. 10 Penalty for Early Access11. Distribution Exposed to Creditors12. Not Self-Completing if Upon Disability13. No Multiple Use of Dollar14. Unlike Other Investments, ALL GAINS TAXABLE AS REGULAR INCOME15. If Fired Cannot Access -- Maybe Later16. Required Minimum Withdrawal - Age 70.517. Your Plan is Public Information: NO PRIVACY - ERISA rules18. Distribution Age Subject to Change - Age 59.5 today... Tomorrow?19. Repay Loans with After-Tax Dollars - Distribution Then Taxed Again!20. Account Balance MIRAGE - Best case 50-60 of actual value21. No Death Benefit - Account Balance Fully Taxed When Passed to Surviving Spouse22. Other Outside CostsI admit to not being familiar with all the implications of some of these listed disadvantages. I have a suspicion the financial coach is trying to scare her away from 401ks because any money allocated there gives clients less to invest in their packages, which is how they make moneybut she hasnt gone for the hard sell yet.Am I missing something here?  <response>: What are they selling? Variable Annuities?This seems like a bunch of FUD to make you buy something... 