An interesting and slightly worrying statistic from recent retirement research: 31% of retirees said (probably not surprisingly) that their standard of living was actually worse in retirement than when they were working. Many admitted they underestimated: - how much money they would need - how long retirement would last - and the long-term impact of inflation and rising living costs What struck me is that this may not just be a financial planning issue. It may also be a financial education issue. Because many people still don’t fully understand: what retirement really costs how long money may need to last how inflation quietly erodes spending power over time or the lifestyle trade-offs that can emerge later in life Which raises an interesting question for advisers: How could financial education play a bigger role in helping people prepare emotionally, psychologically and practically for retirement - not just financially? Interested in members’ thoughts.