Reduce 401k investments immediately; use extra to pay down mortgage as fast as possible (when all else fails? A paid-off property, or a reverse mortgage on a nearly-paid-off-property - either one can keep you from becoming homeless). Use the rest of your spare cash (if you have any) to buy lots of silver, lots of ammo, lots of food/survival supplies, and some gold (silver will be way easier to spend should it all fall to barter, and is more incremental towards converting to NewBucks or whatever new currency comes about - but only do that as absolutely needed).
So what should I be doing with my 401k and savings I have in a money market account? How long until it becomes worthless?
You're kind of screwed with 401k. Here are some options:
Missing Option 5:
Reduce 401k investments immediately; use extra to pay down mortgage as fast as possible (when all else fails? A paid-off property, or a reverse mortgage on a nearly-paid-off-property - either one can keep you from becoming homeless). Use the rest of your spare cash (if you have any) to buy lots of silver, lots of ammo, lots of food/survival supplies, and some gold (silver will be way easier to spend should it all fall to barter, and is more incremental towards converting to NewBucks or whatever new currency comes about - but only do that as absolutely needed).
Genius about the mortgage.