<prompt> Human: I was talking to my Father, and he said deferred taxation isnt as good as it seems, in some cases.For example, my Fathers income is higher in retirement than it was when he first started working, so it might have made more sense for him to pay the tax on his earnings as he earned it, and then invest it, at least until he got a raise to the point that his income was higher than it would be in retirement.But of course its hard to tell the future.  <response>: Do you have a question?This type of thing is quite well documented in the side bar: 