Just lift more weights

And definitely keep the "School bus" wheel - even with Power Steering. It's part of the look!
In all seriousness though - here is my thread-in-progress. First couple posts pretty well outline what not to do:
https://forum.ih8mud.com/40-55-series-tech/719785-next-project-fixing-po-power-steering-debacle.html
In theory this is how a Saginaw Power Steering setup is done, but the execution by the PO was terrible. This has been done literally dozens of times with much better results.
If I was starting from scratch (manual steering) and I would probably have done the Toyota Mini-Truck PS conversion, since I don't plan on running anything larger than 33 inch tires. This conversion is apparently pretty underpowered for moving big tires when off-road.
Another good alternative to Saginaw, in terms of raw steering power, is the power steering from a 60-series cruiser. This is nice because you don't have to bore a hole in your front cross member, and you stick to all Toyota parts. There's waklthroughs in the FAQ about all these different conversions.
That said, even my ricketty-@ss, leaking saginaw nightmare gives me the ability to turn the wheels with virtually zero effort - we're talking steering with your pinky - so if hitting the gym is out of the question, power steering is probably one of best upgrades you can do to a 40.
Honestly, unless the manual box is on its way out, or the steering system is near catastrophic failure, this should probably be a long way down the list of fixes

Mine just took priority because it 1. it leaks like crazy and 2. it's downright dangerous.