For whatever anyone owns here, there is likely something made that is better. If you know how to use it well, thats all that matters.
As you study the subject of SHTF issues, you will find out more how bad a situation bugging out really is. Bugging is is much wiser.
Firearms is the last ditch effort to your safety. Being able to stay out of hamrs way by staying secure at home in a rural area is much wiser. If things get bad, it won;t be mad max. But, more like what you see in the newspaper. People still trying to live their lives while folks get robbed, kidnapped, hustled around, and resources like food and fuel get more scarce.
A top shelf pistol with a concealed carry permit is much wiser than a high end rifle. I also think folk really do spend too much money on firearms and ammo than they should relatively. Food, water, fuel, first aid, and rural land is much more important than anything more than a basic firearm collection.
You should be fine with that firearm. Make sure your scope combination lends itself to a fast shooting firearm. IF you feel you need something quicker shooting and with more capacity, take a look at the SKS. For $200-300 you can get a 2-3" group at 100 yard rifle that shoots .25 cent a round ammo. 10 round magazine and quick to reload. The rifle was good enough for the world biggest military, it should be fine for you.