‘It feels like way too much to lose.’ We had $550K invested and told our adviser we wanted a ‘conservative approach.’ Since then we’ve lost $88K. I know the market is bad, but should we fire him? 

Question: Two years ago my husband took an early retirement when offered by his company.  At that time we had a 401(k) with about $550,000 that we gave to a big financial services firm rep to handle. ...