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What is the biggest mistake in retirement? The surprising truth about lifestyle inflation

According to a 2022 Natixis Global Survey of financial professionals, 49% of advisors consider underestimating the impact of inflation the most common mistake people make when preparing for their later years. In reality, the answer to "What is the biggest mistake in retirement?" is more complex, often pointing to a combination of misjudgments, with lifestyle inflation and underestimated healthcare costs at the forefront.