Wrongdoing or incompetence, I don't trust anyone 100% (including myself) with my wealth... so personally, I have about half of our money with an advisor and manage the other half myself. I'm definitely no pro, but I find that so far we seem to balance each other out pretty well, and also helps keep me more aware of what's going on in the world.
According to my adviser, I am saving enough for retirement. My big concern is my kids and their generation...it's pretty obvious already their barriers to entry for a similar life will be quite a bit higher than ours (and especially our parent's generation). So I have a feeling there may be a bigger financial responsibility to help them out than perhaps we all realize. Inheritance is nice, but definitely not something I'm counting on...especially since from a need perspective, I actually think it would be more beneficial if it skipped us and when straight to the grandkids to help them out.
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