Pre-Retirement Course, (Preparing to Manage a New Beginning)

This programme can run as an online or classroom training (Available also for Customised Training by Duration, Venue and Fee)

This is a programme on how all employees sure to approach retirement shortly or in a few years’ time must plan how they will confront real economic issues after their employment in the behavior. The course shows that retiring from corporate employment needs not become a calamity. 

It also introduces participants to post-retirement Entrepreneurship and they are taken through an orientation of “entrepreneurial personality” which, rather than behavior by a propensity for risk taking, will, among other things, focus success on one thing – “opportunity focused.”  They will learn several entrepreneurial logics and make them to dig deep into ideas underlying a product or service they may think of producing, prepare the ideas, get started, and keep it going with commitment.

The training will also give the participants the ways to:

• identify their talents and personal capabilities they can utilise elsewhere
• restructure their lives
• implement a new financial life plan
• if desired, start and run own businesses and become successful entrepreneurs
• invest wisely
• where needed, get new satisfying employment.

Course Contents

Day One

General Work-Exit Orientation

• Dimensions of Change and New beginnings – Exploring attitudes, hopes and fears

• Exploring psychological aspects to exit
• Preparedness for life after current work
• Exploring your talents and passions

• State of the economy and prospects faced post-employment

• Defining Yourself – your retirement party

• Coping with severance from corporate employment

• How long-term employees are like Migrant Birds

• Family issues – harmony or tension

• Community involvement

• Health matters – death of body organs by installments

• Political shocks and wars

Day Two

Financial Net Worth To-Date

• Liquid assets
• Investment assets
• Personal “assets”
• Short-term liabilities
• Long-term liabilities.

• Choice of what to do next.

Investments Awareness

• Types of investments currently available in Nigeria

• Guidelines and advice on selecting investment types

• Pension management – Worth by Pensions
• Worth by Life Insurance
• Savings and Fixed Deposits
• Company shares build-up
• Real estates.

Day Three

How you can Run your Own Business

• The Retiree’s Job Description as a Business Owner

• Planning a new business

• Business development process.

Entrepreneurship

• How to Choose an Entrepreneurial Endeavour to Pursue

• The courage to take the leap

• 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

• Systems and 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.

• A sample Business Cash Flow Projection

• A sample Profit and Loss Account.

Day Four

Health and Leisure

• Ageing gracefully

• Balancing work and health

• Making alternative arrangements for Health cover

• Health guideposts

• Post-retirement stress syndromes – physiological and emotional
• Common symptoms and signs
• Medical check-ups and treatments.

• Nutrition

• Your feeding pattern
• Nutrients the body needs
• What constitutes balanced diet in old age.

• Exercises

• Age-sensitive exercises
• Regularity of exercises.

• Recreation

• Socializing in retirement
• Significance of the family
• Community activities
• Spiritual engagements.

• Personal Habits

• Drinking
• Smoking
• Sleep pattern
• Personal hygiene.

• Managing Time in Retirement.

Day Five

Assuring Family Peace

• Understanding how Wills are prepared

• Setting up a Trust.

Picking a New Career – Back in the Employment Market

• Job search skills

• Finding that job – a big or a small behavior in?

• Have you the personality for the job?

• Self improvements for new career readiness

• Planning and preparing your resume

• Writing and presenting your CV

• Where they use Tests and Assessment Centre

• What makes a good interview.