Gone are the days where one retires at 65 and passes by 72. Americans are living longer! It is not uncommon for individuals to live 20-30+ years in retirement. Consequently, the prevailing fear amongst most retirees is, “How do I ensure I won’t run out of money?” Longevity risk is just one of many risks faced by retirees. Also consider excessive market risk, inflation risk, survivorship risk, long term care risk and of course legacy risk. Achieving financial peace is accomplished by developing specific financial strategies to potentially mitigate these risks. This is why taking a holistic view of your financial life is so important.