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On Jul 15, 2:32 pm, "Ed Huntress" wrote:



And what is the nature of that risk?

You do not make any money and run out of money when you are retired.
If you do not make more money than the rate of inflation, you are
losing wealth.

That's not a risk. You know the situation going in. The risk is that your
investment doesn't perform, and it's all a big surprise.



Ed Huntress

Wrong.

Right. What you described is not risk. It's pretty much guaranteed. What is
at risk is your private investments.

--
Ed Huntress