90% bonds 10% stocks is ridiculously conservative. The person in the question is only 34 and planning to retire at 50-55. With a 20 year investment horizon you

90% bonds 10% stocks is ridiculously conservative. The person in the question is only 34 and planning to retire at 50-55. With a 20 year investment horizon you can have 80% stocks 20% bonds, and have an extremely low chance historically of not making a profit. ETF providers like Vanguard will sell you these funds for about 0.2% fee / year (watch out for hidden fees from local banks, anything over 0.5% is too much). Personally I stick it all in US index funds and am averaging more than 20%/year over the last five years (although I'm not supposed to look at it).