If I had a 401K I would cash it ALL in now, no matter what the penalty, and buy as much low cost real estate (rental units especially) as you could get your hands on
One of hubby’s coworkers bought a house to rent out in a nice college town in TN a year ago. The last three tenants all stopped paying rent and when the sheriff was brought to the front door, they all said they had 90 days before he could evict them. Also, they all trashed the place and he has lost his butt on his investment and is just going to outright sell the house after this present tenant is gone. He ran background checks, credit checks and called their past landlords and everything checked out. The word is out that the landlord has no rights and that no one really needs to pay rent as the law is on the side of the tenant.