Cramer's 'Mad Money' Recap: Playing It Safe the Next Five Years.

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Cramer told viewers of his "Mad Money" TV show Monday that it might be time to take some money out of stocks and put it into plain old saving accounts.

He said while it's not time to sell everything, he advised viewers that if they need cash in the next five years, a Federal Deposit Insurance Corp. (FDIC) insured savings account is the only way to guarantee your money will be safe.

Cramer went on to say that investors would be foolish to keep all of their money in stocks in such a volatile market. With some many questions still looming about the recently passed bailout package, Cramer outlined his plan for what he government should do next.

Cramer said the first thing that needs to happen is the FDIC needs to stop seizing banks and announce once and for all that they're done with seizures. With the bailout package now in place and the FDIC insurance limits raised to $250,000 per account, he said the market has the tools it needs to work out the rest of its problems without government intervention.

Cramer: Don't Just Sit There

Furthermore, he said, a bold statement from the FDIC that the seizures are over will go far to stabilize the market.

Second, he said, the government needs to start putting the newly allocated $700 billion under the Troubled Asset Relief Program to work. He suggested first buying individual home loans, a move which will allow the government to immediately end the foreclosures and begin the renegotiation process to lower the terms of the troubled mortgage loans while taking the toxic assets off the balance sheets of the banks.