IMO, Beating the S&P is overrated. You hear about returns but NEVER the level of risk.

Just look at the top holdings. Until you get to AVGO, it's the M7.

* NVDA
* AAPL
* GOOG
* GOOGL
* MSFT
* AMZN
* META
* TSLA
* AVGO
* BRK.B

stockanalysis.com - Sp stocks

The next holdings aren't as tech-heavy, but is THAT a portfolio someone retired should be having? Or, rather, how many more years of expected lifespan -- and medical costs -- are we looking at? I do advocate owning higher-risk tech stocks even at retirement, but not if they're their only stocks. I'm also fine with owning these stocks if you can draw on other members of your family in case of an emergency or have a big wad of cash set aside for emergencies. Myself, I'm 60 and have been buying ROE_Cash, which overlaps with the top 8 of these stocks, and a dividend screen, principally based on cash payout ratios.

Offhand, indexing plus something more conservative (eg. laddered treasury bonds) would be simple and conservative. Returns would not be as high as the S&P, but neither would be the risk. You could always consult your broker if they can refer you to an expert in health costs. :/