The good news for Australians is they may not spend as much in retirement as they expect. The bad news, however, is retirees are uncertain of what they actually can afford and if they have enough savings or not, leading them to being frugal for fear of running out of money. Mercer recently surveyed 1000 Australians aged 55 and older, with at least $50,000 in their super accounts, how long they thought they would live, how much money they expected to spend in retirement and what their concerns were about aged care costs. The first in a three-part series called...