I recently attended a four-day retirement conference organised by the Institute of Retirement Funds in Africa. The theme was “Navigating the future”. I share the following 8 relevant points that were discussed by various speakers:
Retire from work NOT from life.
Your retirement objectives should include a PURPOSE (much to live for), FINANCIAL SECURITY (enough to live from) and FINANCIAL FREEDOM (wealth creation mindset).
Understand where you are in your retirement savings cycle now.
Understand your pension, provident or retirement annuity fund benefits.
Ensure that you are on track to achieving your retirement goal.
Plan to settle debt well before retirement.
Ensure you have a well-planned budget.
Engage a Certified Financial Planner, CFP® professional to assist you.
“Having money left at the end of your life is no problem, having life left at the end of your money is.” – Samuel Baldwin
