Dad is officially retired! Today. And he's ansty, even though we're not actually going to touch any of this stuff for at least a month, but that means I have to be prepared to suggest stuff (dementia related here, it is much, much easier for me just figure this out now than try to delay like it would actually make sense to do). However, I see no reason why I should spend a bunch of time getting frustrated with researching when someone will know this stuff off the top of their head.
There are currently 3 accounts that I'm aware of with I think $170k total in them. Two are retirement accounts, the 3rd may be taxable but I haven't seen any paperwork on this. The bulk of the money is at Vanguard, in LifeStrategy Conservative Growth (VSCGX). Eventually, I plan to consolidate everything at Vanguard, this will happen in a few months once the dust has settled. RMD isn't a factor yet, and at least initially they don't need withdrawals to support living expenses, so earnings will be reinvested.
Please suggest funds for a conservative new retiree who does not understand investing and has most of the bad investing ideas, planning that at some point they will need to withdraw for living/medical expenses. If VSCGX is good, cool. But I'm guessing there's better options.