For me: 5.5 years' worth of cash savings in HYSA and CDs. 50% is in 18 month 5% CDs. 25% is in 4.3% no-penalty 11 month CDs. Rest is spread across three HYSAs. When the CDs mature, I'll build a 2 year CD ladder, unless interest rates for 18 month - 2 year CDs fall below 1.5%.

I also have around 65k in individual, 15+ year insured munis and agency bonds. This is mainly for mostly guaranteed income to extend how long the cash savings last.

Current mix of investments pulls around 2.5 - 3 years' worth of living expenses in dividends every year. 20% of investments are parked in Roth IRAs, the rest in taxable.

Plan is to use the cash savings to smooth out any lumps should the dividend yields start to drop, or should I have any unforeseen expenses. Otherwise, I will try to live off dividends. 40% assets are in growth, 40% in balanced, 20% in income, so it's not an income-heavy portfolio.

When I finally pull the RE trigger, I'll likely shift around some of the income production over to asset appreciation, or look into tax-advantaged funds, as I want to get my income low enough to pick up some ACA subsidies or go back to college with a lower FAFSA EFC.