How to Conduct Your Own Portfolio Makeover

January 28, 2026

Personal finance expert Christine Benz outlines an eight-step process for conducting a comprehensive portfolio review, designed to be completed across multiple sessions rather than all at once. The methodology begins with gathering financial documentation and assessing progress toward goals through metrics like savings rates and withdrawal percentages. It continues with evaluating asset allocation, cash reserves, and specific holdings while looking for opportunities to consolidate accounts and reduce complexity.

Who is affected

Younger investors still accumulating retirement savings
Higher-income individuals earning enough to save 20% or more
People within 10 years of retirement
Retired individuals or those about to retire
Workers with multiple 401(k) accounts from job changes
Individuals with taxable investment accounts
People who are neither wealthy nor Medicaid-eligible (regarding long-term care risk)
Those providing financial help to loved ones

What action is being taken

The article presents recommended actions rather than describing ongoing actions. No explicit ongoing actions are stated in the article.

Why it matters

This portfolio review process matters because it helps individuals determine whether they're on track to meet critical financial goals, particularly retirement security. Proper asset allocation, adequate cash reserves, and tax-efficient management can significantly impact long-term financial outcomes. Addressing overlooked risk factors like long-term care expenses and managing support for family members can prevent people from jeopardizing their own financial stability. The systematic approach helps investors avoid common pitfalls such as inadequate diversification, excessive complexity, or inappropriate risk levels for their life stage.

What's next

No explicit next steps stated in the article

Read full article from source: The San Diego Voice & Viewpoint