I recently came across a Reddit post from a soon-to-be retiree approaching his 60th birthday. His 401(k) balance was nearing $800,000, but the milestone made him step back and reevaluate his retirement goals and long-term strategy. This is a perfect example of how retirement planning isn't static. Goals shift, priorities evolve, and financial realities change. That's completely normal. What matters is adjusting your strategy intentionally rather than reacting without a plan.
We will likely see the triple lock pension end when the current Parliament does, as the cost of providing it to the UK's aging population is increasing and Government debt is rising.