I generally ignore tools like that because they're usually built for to suite generally accepted investment guidelines.  But thanks to your comments I tried the portfolio calculator and got a 70/20/10 distribution.  I'm currently 92% equity and 8% cash but if I treat my preferred shares like bonds I'm about 50/42/8.  I'm over 65 but still working and outside of registered accounts I don't need my investments for retirement.  That was my philosophy when I began investing.