I have the same fear. I will pull what I can when I don't have to pay the 10% penalty and salt it it away in metals and some cash. It will be called the "Affordable Retirement Act"
remember to give unto ceasar what is caesar's, they can have all of my crap they can get in the back of one of them there 6 wheeled military transports they can handle... let em have it can find or make more later with little or no tools any way.... one thing they can't take ,have, or wash is my mind ...
I have never trusted brokers and any one analysis. I have always managed my own finances, including my own stock portfolio, since college. And my research is my own and drawing from many resources.
I use my Company 401K Plan (which they NOW match, on a 50% basis) as a Savings Account. I am over 59 1/2 years old, so there is NO Penalty for any withdrawal, for Me. Also I am in a very LOW Tax Bracket. (Less than 3%) So, every Year I pull out 75% of the accumulated Balanace, and buy Canadian Gold MapleLeafs. If Uncle Sugar wants to take what is left, and give Me USG Bonds, FINE, I will just take them, and hold them, as there will not be much money in there, in the first place. It just is NOT a significant portion of my worth. ...... YMMV.....
This my program also, They match 75% up to 20% of my income. I will take $0.75 for every $1 I put in and I will be 59.5 very soon I also have a company funded pension that scares the crap out of me thinking that they will mess with that.