In normal worlds, I think you are in excellent shape, with how your greater than $2 million net worth compares to median of around $100,000 and mean of around $800,000 net worth for households in their 40s in the US. Also, I think you have greater net worth than more than 99% of households in the world. If you let your taxable account go to zero, then you would likely have to pay less for college, because often the retirement accounts are not included in those calculations. If you didn't add anything more to your retirement account and it just grew 8% per year for twenty years, you would have ~$4 million. Then with the rule of thumb of drawing 4% per year during retirement, you would have an annual income of ~$160k. And that would not be counting any Social Security, income from home downsizing, inheritance, etc.
As for AGI worlds, as many have pointed out, we could be all dead or all rich, so it wouldn't matter. One person pointed out that wealth at the singularity might allow you to buy galaxies, but at least if you're altruistic, the impact of reducing existential risk is many orders of magnitude greater. Others have pointed out that even if humanity on average is rich, there may not be UBI. As long as one has significant net worth, this should grow at least initially, and then the cost of living should fall, so you should be fine. However, for people without any net worth, especially outside countries that benefit a lot from AI, there is reason to be worried. I personally think that even if there is not universal UBI, the rich of the world would not allow the poor to starve en masse. But if you want to do better than just not starving, then having a modest amount of net worth I think is quite prudent.

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