Recent studies reveal that many affluent individuals and general workers alike are underprepared for retirement. A Northwestern Mutual report indicates that while 87% of millionaires feel financially prepared, nearly half acknowledge their plans need improvement, highlighting the importance of confidence and clarity in financial planning. Conversely, Vanguard's research shows that 62% of those nearing retirement lack a structured plan, with many starting their retirement research only 3-5 years prior. Additionally, a CNBC survey found that 40% of American workers are behind on their retirement savings, largely due to debt and insufficient income. In Hong Kong, HSBC's report notes that about half of affluent investors feel unprepared, with a significant number planning to continue working post-retirement. Overall, the need for comprehensive retirement planning and guidance is emphasized across various demographics.