I began pulling my 401K out shortly after I turned 59-1/2, and used it to pay off my property. What remained I converted into physical gold and silver. All of those combined purdy-much eliminated any further counter-party risk to my retirement situation.....One of the side benefits of my doing that is that I no longer have any paper instruments which can only be exchanged for more paper, which also means that the days of having fees to pay every time I want to hold, transfer, spend, or otherwise use my own money are over.....In addition, it should be noted that since I began that journey in 2007, the gold that I bought has increased in value by a factor of about 4X and my silver by some 5x, while the spending power of so-called "dollars" that I used to buy them both with has decreased by over 36%....Then there's all that compounded interest that I saved by paying off my mortgage several years early to consider also.
Point is, if playing the stock market game with your hard earned money makes you nervous, it might be your common sense trying to tell you something.....Well that, and that there's always more than one way to skin a cat.
Hope this helps someone.
DGW