Who will still have a 401k?
401k’s and stocks are one of the best ways to beat inflation, and Bernake has promised to keep printing, well, electronic money transfers...just don’t put all your eggs in one basket, downsize if you think you have too much there, lower your withholding to at least get employer match if you want that. The bet here is the inflation of the stocks you hold outpaces the loss of the stocks you hold of companies going out of business. There are many ‘necessity’ stocks that will probably do well.