We spend our working lives steadily building a nest egg, then, when retirement becomes a reality and there’s no regular pay packet, the spending starts. It’s a big shift in thinking and it’s a case of learning fast.

This edition of the Retirement Affordability Index™ focuses on ‘The spending dilemma’. For many, it’s the realisation that accumulating a nest egg is the easy bit, cracking it much harder. But we’ve assembled a team of experts to explain the options, the failings and the tricks of the trade.