This is too serious an issue for me to take a guess. This is why you might want one visit with a fee-only certified financial planner. (Find one who is a FIDUCIARY at www.Wealthramp.com.) He or she might come up with some things you missed. Immediately, I’m wondering if you’ve considered the cost of Medicare premiums and supplements in your budget. And whether you have at least a small amount of Long Term Care insurance. (When you’re over 65, there is a 10x greater chance that you’ll need some form of custodial care than that your house will burn down!)
And I don’t know whether your accounts are titled “correctly” and beneficiaries are named correctly for your retirement accounts. And whether you have created an estate plan, preferably a revocable living trust. And if you have made provision for children or grandchildren? For all those reasons and more, I can’t give you a “pass” on your investment strategy. A planner needs to know the entire picture. But at first glance, it looks like you’re on the right track — as long as you promise you wont panic in a full-fledged bear market!