well said. But a key point ... and I’m sure you know this .. it also depends on your time horizon for needing the money and willingness to take risk. Slightly different answers for someone 25 vs 65. A 65 year old has to be more careful IMO but even then needs to have something in stocks or will likely run out of money. A 25 year old should asset allocate and forget about it.
” it also depends on your time horizon for needing the money “
Good point...