Stock & Bond Investing in Your 50s

We should start protecting our wealth in our 50s. Our income-investing portfolio should carry itself by now.
However, we also need to consider our kids. We want to have excess cash on hand so we can help them.
Savings bonds and high-yield treasuries (over 5%) are excellent ways to protect our money from inflation.
We can add some speculation into our portfolio at this point. Remember, speculating is not gambling-pick your poison, and stick with it.
Income and cash round out the composition of our portfolio. We must be very intentional in our 50s because we have a lot of eggs in one basket. Good Luck!