Unfortunately, many people live their lives unaware of the financial and other demands of retirement and find themselves with a much lower standard of living than they anticipated. Your retirement is when you want to live life - go travel, pursue a hobby - in fact, you might actually spend more money than you do now. Even if you don't spend more money, it is still a challenge to adjust to only a percentage of the income you are used to.
How will retirement impact my living expenses? -Results
How will retirement impact my living expenses?