As the markets go up and down, you'll have to adjust the allocation back to this 25-25-20-20-10 ratio. Once a year is probably enough to take advantage of market movements.
Another good book is William Bernstein's Four Pillars of Investing, where you will find similar advise. This author has a free PDF called "If You Can" which outlines his basic strategy.
Best wishes for your retirement.
Kevin
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