Franklin Templeton’s 2019 Retirement Income Strategies and Expectations (RISE) Survey uncovered four findings that may surprise you.

Australians don’t seem to be under any illusions about the cost of retirement. Nearly 3 in 4 pre-retirees are concerned
about rising expenses draining their retirement savings. Furthermore, 40% expect their expenses to increase in
retirement—well above the 28% who expect them to decrease.
Unfortunately, the experience of retirees doesn’t provide any relief to these anxieties. Concern about rising expenses is even
higher among the retiree population, while nearly half of retirees state that their expenses have increased since retirement.

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