Which factor is NOT a consideration in retirement planning?

Availability of luxury goods does not play a critical role in retirement planning. Retirement planning primarily focuses on ensuring financial stability, managing health care considerations, and understanding the implications of aging. Factors such as health conditions affecting income are vital as they directly influence the ability to work and earn prior to and during retirement. Similarly, recognizing the average retirement age helps in setting realistic expectations for when to start withdrawing from retirement savings and transition into retirement lifestyle. Potential financial risks associated with aging, including long-term care costs and unexpected health issues, are also crucial elements that need to be assessed to ensure a secure financial future. Luxury goods, while they may enhance one's lifestyle during retirement, are not essential considerations for establishing a sound financial retirement strategy.