Evidence indicates that realistic preretirement planning improves the chances of making a good adjustment to retirement. Organizations face challenges during separation time with their employees. Most employees seem unprepared for retirement life and spend time worrying about it. People’s life change when they think of life after retirement. Retirement is indispensable; therefore, sufferings and consequences can only be avoided by making early retirement plan. Hence, early enough proactive approach is required to develop a retirement plan. It is the responsibility of the organizations to prepare their employees for retirement. This creates job satisfaction and increased employees’ performance.

Target group

All carders of employees starting from those who want to make early retirement plan, those who are about to retire and young adults willing to make early retirement preparation

Benefits of the course

At the end of the course, participants should be able to;

• Identify challenges faced by retirees
• Develop a plan for the life after retirement
• Manage personal finances and budget
• Address and match the changes after retirement

Course contents

• The Concept of retirement
• Planning for retirement
• Retirement Opportunities, Challenges and Implications
• Appropriate businesses and investments for retirees
• Necessary accomplishments before retirement
• Health and Health Care Tips
• Controlling Living Costs
• How to live with retirement
• Putting affairs in order
• Retirement Risk and don’t’s at retirement

Managing pension funds