Re: proper fuel mixture for 1964 5.5 Evinrude
Hot topic on mix ratios. Heres what I've heard from a several people.
1) Newer oil provides way better protection than it did back in the 50's and 60's, so 50:1 would be ok
2) Here on I-Boats forums, the marina mechanics always say 25:1 because thats what the internal componts (bearing, seals, etc) were desnged for.
I have the same motor, 2 of'em actually, and run 50:1 without a problem. I originally did 25:1, and it smoked so bad, I was getting allot of dirty looks from others on the water. Advantage to more oil is you know you won't sieze the motor. Disadvantage, allot of smoke, and more frequest plug changes (there cheap anyway, but still) and you will require to decarb way more often I would think.
With all that being said, up to you. I'd be tempted to do like 40:1.