No, IRA’s avoid a tax which the other investments don’t, so money in an IRA is worth more than money outside. There is a cost, namely you have restricted access to it.
It’s worth pointing out that the money you put in there can still be held in a money-market account or similar, and that it acts as an emergency fund because you can withdraw it or take loans against it, subject to modest penalties.
No, IRA’s avoid a tax which the other investments don’t, so money in an IRA is worth more than money outside. There is a cost, namely you have restricted access to it.
It’s worth pointing out that the money you put in there can still be held in a money-market account or similar, and that it acts as an emergency fund because you can withdraw it or take loans against it, subject to modest penalties.