Life After Service/ Pre Retirement Workshop

An increasing number of people retire every year at different levels. Many retirees are not prepared for such a drastic change as they discover that the pension is inadequate. The employer, in addition to catering for the employees’ retirement benefits, should sensitize them on the need to prepare for retirement early in their careers.

Learning Objectives

On completion, the participants will be able to:

• Identify factors that affect the quality of life after retirement
• Determine their financial requirements at retirement
• Determine their investment opportunities to provide for them
• Use appropriate strategies to manage stress
• Apply techniques for better time utilization
• Prepare for retirement
• Live Successful Life after Retirement
• How to Invest Wisely
• Achieve Profitable Investment

Day One

The New Realities of Retirement

• How retirement has changed
• A more realistic definition

Managing Change

• Understanding the Transition Process
• Managing negative stress
• Practical strategies for adjusting to changes

Work Identity

• What is important to you at work
• How can you transfer those needs into your retirement plan
• Options for working

Day Two

Lifestyle

• Meaningful activities for retirement: staying connected
• Managing energy, creating balance
• Creating new structures and routines
• 6 Intentions for a meaningful retirement

Relationships

• Building your support network
• Changing expectations and roles with life partner
• The role of family and friends

Day 3

Investments

• Types of investments currently available in Nigeria
• Guidelines and advice on selecting investment types.
• Can You Run Your Own Business?
•  Planning a new business
•  Business development process.

Day 4

Entrepreneurship

• A random walk through simple businesses suitable for retirees
• The disciplines for business success
•  Preparation of a business plan
•  Legal requirements for business.
• Nurturing a Business for Profitability
•  Structure for a retiree’s business
•  Marketing knowledge and selling skills to propagate the business
•  Attention to the financial health of the business – capital and cash flow

Day 5

Investment Guides

• Investment specialists will be brought in to give investment orientation, current opportunities, and guides to the participants. 
• Health and Leisure
•  Aging gracefully.
•  Balancing work and health.
•  Health guideposts.
• Assuring Family Peace
•  Preparing a will
• Setting up a Trust.