The following animation explains why investing in retirement is different to when you are working:
Retirement is a life-changing event. As you adjust to this new lifestyle, you'll also need to think differently about your finances.
In retirement, your priority typically changes from saving, in preparation for when you leave the workforce, to carefully spending those hard-earned savings. It's likely that your initial focus will be to find a way to replace your salary or wage with cash flow from other sources.
There is no one retirement solution that suits all situations. More than one investment strategy and product may be required, so it's important to receive professional help from a financial adviser - it can make all the difference to your financial success in retirement.