I have a hypothetical question on Retirement : Suppose your Retirement is 10 years away and the Asset allocation of Debt:Equity ratio is 50:50. I am not considering Gold and House here as it is for personal consumption.The Equity portfolio is predominantly Mutual Funds (90%) and Direct Equity (10%) and the Debt portfolio comprises of mainly EPF, PPF (about 95%) and few corporate bonds. Suppose I want to add pure Debt funds also in my Debt portfolio, what kind of debt funds are suitable for a retirement which is 10 years away and post retirement? Or would it make sense to wait till retirement to invest in Debt funds? I am confused about the role of debt funds for retirement planning.