Surely retirement should be a time of excitement not depression? And yet it appears that many it is the latter rather than the former.

Perhaps this comes down to lack of planning. It's not just about having enough money it's also about having a plan as to what you are going to do with the available time.

My experience contradicts the findings in this survey.

 Just about every client I speak to who has moved into the retirement stage of their lives tells me how busy they are with simply not having enough time to do all the things that they want to do.

This I believe is a function of good financial planning coupled with planning to do the things that you want to do rather than doing the things you have to do.