LOL... some of us still don't understand quite well the definition and meaning of Retina Display. Even for living room, 4K might not be necessary in some cases.
It's good for desktop displays for computers (for editing, etc...) but depending the screen size and distance, it's just a pure waste because human beings cannot see any difference.
Actually, in some case it's even worst, because the human being eye won't be able to see some of the details. Just for information, if you have a 65" TV with 1080p resolution (1920 x 1080), it will be Retina if you're sitting over 257cm (101 inches) from the TV... which is pretty much the case in a living room.
If you have a 1704 x 960 resolution on a 5.5" iPhone, it will be Retina when you hold it over 25cm (10 inches) away. So unless you want to wear your iPhone like the Google Glass.
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I hope you right...any way I am set for 5.5 inch iPhone 6, no matter what.