Ionopsis utricularioides lifespan?

[greenbean]

I'm expecting one of these in a few days, but recently did more in-depth research on it (mostly to find more pictures to drool over while I waited) and found many people saying this was a short-lived plant. Going even further, I found that while this species has a wide distribution, it has a very specific mycorrhizal relationship. In nature it tends to form mass colonies, bloom and set seed prolifically, then die, all while potentially sapping the host plant of strength.

So now I'm wondering how long I will be able to keep it alive. Has anyone been growing this plant for more than 5 years? That seems to be roughly the lifespan that I found in my searches. But maybe it can live longer in cultivation since it wouldn't produce seed unless pollinated?

Thanks in advance for any information you can give me!