Kiplinger

Don't Let an Ego-Driven Portfolio Crash Your Retirement

"Please just fix it."

I think a lot of investors would be surprised how often financial advisers hear those four little words. And how often, by the time someone asks, it's almost too late for us to offer any help.

Just recently, for example, I had a gentleman who's been handling his own investing for decades come in and tell me he just can't do it anymore. He's 72, he's been diagnosed with cancer, and his wife isn't the least bit interested in managing their accounts. "I'm realizing we need professional help," he said.

I took a look, and there was the typical mishmash of investments.

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