>Won wrote:
>
> The market in that 10 year period has a return of 10% but you actually
> lost money because you have to weight it. 

Well said - the point is if, over the 10 years, you're also drawing
down that money to live off of, you have less and less to invest at
the same time you have to start taking on more risk.  One Enron and
you're sunk.

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