I am a conservative financially and I can't stand when greedy financial advisors go after anyone that is in retirement or is close to retirement. Many of these so-called 'advisors' are just in it for themselves, and not to help out their clients, and the more aggressive they are, the more you should run the other way, I recommend to anyone who sees that they are paying exorbitant fees and/or getting lower than average returns to seek out investment firms who clearly states how much investment fees you pay because there are so many people getting taken out there. I'm normally not a 'Big Government' fan but in this regard, having a government agency as a watchdog couldn't hurt. However, the investor also needs to watch out for themselves. There are good places to put your money in relatively safely. Study the basics of investing first, then find the help you need. This is good advice for someone of any age.