Is there a relatively safe harbor for 401ks. I feel like I might as well get a big screen
How long do you think 401K’s will be safe?
One thing that definitely, absolutely will happen is that the bond bubble will burst. So you want to be short bonds, or long interest rates, possibly in an ETF. But no one knows when this event will happen. Could be tomorrow or a long time from now.
You can switch it to something like Fidelity Cash. They actually hold the capital. You don’t earn anything, but at least you can get it out faster than from a 401K and they actually have the money.
If the government decides to steal private retirement, I think the first thing they’ll do is freeze 401Ks. Private IRAs held in some sort of cash will probably be available for a while longer.
Who will care about penalties at that point?
Of course, the safest way to go is to buy physical PMs and keep them on-hand.