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But there are also some other risks that we need to think about longer term is longevity risk the miracle of our modern medicine has made planning tough because we are all living more help in a more healthy manner in a longer way, so our money needs to last us into our 90s and that's what we're planning for today you're rated withdrawal risk how much are you going to take out of your assets four percent nine percent lots of information the other panelists may talk about, but you may get from your adviser is that the ten percent take out of my portfolio scenario really doesn't work, and it's important that we think about that and obviously a big monster is inflation over the long term and as we've learned over the last year's what other colleagues have talked about is the market action that occurs so on a go-forward basis is important that we look at what's essential and discretionary expenses what will drive the lifestyle and the ability of your portfolio to last possibly support your legacy that you want to leave behind for your family or for our community
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