Planning retirement from a purely financial perspective doesn’t work. Retirees regularly run out of money well before they die and increasingly face physical and mental health problems. Mike Middleton, founder of Pro-Vision Lifestyles, explains why a more holistic approach is necessary. One that places lifestyle choices at the centre of planning.

The concept of retirement dates back to 19th Century Germany, when it was conceived as a response to youth unemployment. Depressingly, thinking around the subject has barely progressed since.

We still tend to think of reti...