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Subject:  Balance of Retirement Funds Date:  9/9/1999  5:28 PM
Author:  warrenps Number:  13822 of 78166

I am a new Fool but my wife says I'm just an Old Fool.

I am 54 and plan on retiring at 65. Children will be out of college soon, the house is paid for, and I don't have any debt. I am self-employed and put everything I can into a SEP-IRA.

I presently have about 85k in IRA Bank CD's. I have about 30k in IRA mutual funds (S&P 500 Index), about 40k in non-IRA mutual funds (S&P 500 Index), and about 75k in a mixed bag of stocks (Banks, Utilities, Health Care) that were given/willed to me.

My questions involve the proper "mix" of CD's, Bonds, mutual funds, stocks, etc.

1. What do the "wise ones" suggest as a mix between CD's, bonds, stocks, mutual funds for someone who wants to see their money grow but couldn't bear to have everything he owned riding on the stock market.

2. The stocks are in sound companies, several are in S&P 500, but there are no rockets. Any benefit to s