While I am not going to say anything about corporate bonds, I thought I would suggest other sources of general retirement investing information which you will hopefully find useful....

The Retirement Investing bulletin board is at: http://boards.fool.com/messages.asp?id=1040013000000000

Also, Pixy wrote a nice little article in April about retirement income: http://www.fool.com/retirement/retireeport/2000/retireeport000417.htm

My two cents.... since you are (hopefully) planning a retirement which will last longer than 5-10 years, at least part of your retirement investment is long-term and should therefore be invested in stocks.

You might also find the Retiree Portfolios of interest at: http://www.fool.com/retirement/retireeport/retireeport.htm
(with an introduction at http://www.fool.com/specials/1999/sp991206retireports.htm )