I don't condemn financial advisors. They are a necessity for most people. I don't like the idea that they insinuate themselves between your employer and yourself, often without your even having any say in what you'll be charged. And they obfuscate what their piece is when you press.
However, With taxes and inflation going ever higher, having no plan ensures poverty for most Americans. Or worse, you live to a great age, maintain great health and vitality, and can't do squat because you are poor.
An annual financial checkup is a great tool for securing and maintaining, an active sporting life post retirement.
The wife in the original article was absolutely sound in her questioning of her husbands judgment. Depending on the state, it was half her money.
The advisor was saying that maintaining more than 5% of their retirement portfolio in illiquid assets was not a sound position. Not bad advice really.


Out there doing it best I can.