Bloomberg Surveillance · Sunday, August 30, 2026
There is a significant communication gap regarding retirement planning, with 70% of advisors reportedly discussing how clients will spend their time in retirement, while only 29% of clients confirm having these conversations. Experts suggest reframing 'retirement' to 'financial independence' to better align with modern perspectives.
“According to the Alliance for Lifetime Income peer report, 70% of advisors say they frequently discuss how their clients are going to spend their time in retirement, but clients report only 29% have those conversations.”
“I don't love the word retirement because I think it has negative baggage. I like the word financial independence. You know, like think about if you were to be financial independent, like how would you spend your time? Like I like that question more because I just like, maybe it's just me, but I have like people golfing or going on. I don't know that, like imagine when you don't have to work, what would you do? I think that's a better way to think about the end of life stage versus quote unquote retirement.”