I am 69 years old, and enjoying my 9th year of retirement. I have a little income from a mini-pension and SS, but most of my income is from my investment portfolio.
My asset allocation is basically 45:55, equities:fixed. Cash comprises 5.5% and is included in the "fixed" allocation.
Here are my five main mutual funds:
VWIAX Wellesley (30%)
VTSAX Total Stock Market Index
VFWAX FTSE All-World Ex-US Index
VBTLX Total Bond Market Index
TSP "G Fund" (government bond fund)
I also have a tiny amount (~1%) in a Roth IRA that I allow myself to play around with outside my plan, to cut back on the temptation to do so with larger amounts. But for some reason I don't have much desire to do that any more, and it has been in VWELX Wellington since 2013.