Keep whatever savings you make off the books. No IRA's, 401k's, CD, or money markets. Buy gold and some silver bullion. The more money you have the more preferable gold is. Some platinum, palladium as well as cash in multiple safety deposit accounts and at your own home, hidden of course.
Why? The central banks have thrown a Hail Mary into the worlds financial system by printing and securing collectively 22 trillion dollars. Most of which was used to replace the decline in the shadow banking system and to shore-up the 700 trillion dollar derivatives market.
Its the "wealth effect" they where trying to accomplish. By re-inflation asset prices, stocks, bonds, real estate the rich would feel wealth spend and that would trickle down to the greater economy. It didn't work. The velocity of money is practically non-existent because it became a chicken and egg problem. The wealthy need to see demand to invest in businesses (not just play the paper trade on Wall St.) and the poor and working class need the jobs first before they can create demand.
This gigantic fiat money printing and sovereign debt stimulus has run its course and the world is no better for it other than creating huge asset bubbles just to have a pulse and yet STILL dependent on the machine. All this economic "growth" through money printing debt spending will have to either...
1, Stop growing through debt and money printing and with it credit expansion and because we are a credit driven economy, the rapid decline in the greater economy. This will start a negative credit sovereign debt cycle that will need more cuts in spending and increase in taxes that slow the economy even more forcing more rounds of cuts and taxed (see Greece) and on and on until default or revolution.
2, Keep printing and grow more debt to continue the make believe economy until the oil reaches $130 a barrel and gas is $5 and with that the global abandonment of the dollars as the worlds reserve currency. Then the real ugly truth behind the US household wealth, budget, debt and unfunded liabilities is seen by all.
You already have a pension, stocks, bonds, and social security that are wholly reliant upon the systems health. Having a 1/3 of you wealth in tangible liquid non-paper assets in this new new world we live in is a better choice. Soon its not going to matter what RETURN you get on your capital but a return OF your capital.
I didn't even mention how congress is going to fix Social Securities unfunded liabilities. Its call means testing. Anyone that has over $30k from any other source will see a gradual decline in SS benefits with $75K being the mark when all SS benefits are stooped. Believe it.