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"I will be turning 80 myself in the next week or so. Our main source of income is the RMD from my IRA, and my IRA as of yesterday is 67% equities, (50% a variety of ETFs, including last year's hit ARK funds, only 17% individual stocks). I keep cash (Money Market funds) sufficient to cover the next four years of RMDs. "

I'm a bit puzzled by 4 years worth of RMDs in cash. Likely getting 0.5% or less interest .....

I'm 75. My IRA is about 50/50 with bond funds (lots of GNMA and corp bonds, some TIPS, some high yield), REITS, ) and SP500 and whole market funds.

The interest and dividends spin off currently 25% of my RMD. Used to be about 35%. Once a year, I sell 'something' to make up the next 12 months of withdrawals (RMD).

With the stock market up - I've had to sell a bit more each year as the value on Dec 31 has significantly increased over the past couple years. Of course, the value keeps rising each year the market plows ahead another 13-15%.

I have a CD now with a good 2 year's worth of living expenses (after SS and RMD). Had a couple but with 0.7% interest rates, moved them to my non-IRA account to collect dividends and bond interest.

Whatever rocks your boat.

Between my RMD now, my SS, a teeny weeny pension...... I don't need much more income to live very comfy, but should be spending another 50%, or my heirs and Uncle Sam will......

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