The Consumer Price Index for All Urban Consumers (CPI-U) moved up 12.4 percent, following a 13.3-percent advance during 1979. P
Prices paid by consumers for energy items were up 18.1 percent. Although this was larger than the increases recorded for most other cpl components, it was half as large as the 1979 surge of 37.4 percent.
Ed McQuarrie talks the REAL History of Stocks and Bond performance.
https://www.morningstar.com/funds/vanguard-wellesley-income-is-top-choice
Could be a great fund to start with starting in retirement and cash. Or use Vanguard Wellington and cash if you want to be more aggresive
https://www.morningstar.com/economy/what-weve-learned-150-years-stock-market-crashes
Take a look at this what has happend in past in stock market