You should have many, many years of happy alternator life ahead of you still. If it makes you feel better, pull out the regulator the next time you change the oil (it's much easier with the oil filter off) and take a look at the brushes. You might have to replace those sooner or later, but don't worry about the alternator itself. The wiring to the alternator can be a trouble spot, but your alternator is pretty hearty, typical Volvo quality.
Same with MC, but there you might have some concern before your alternator. It could last until 250K, but then again it could go tomorrow. It depends a lot on how often you've kept up with the brake bleeding. The MC doesn't like old contaminated fluid. But the MC will probably fail on you pretty gradually, with plenty of warning before it gets dangerous. I wouldn't recommend changing it as preventive maintenance, because really it could last you quite a long time.
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