Even the best and most stable career will end some day. In order not to be caught unprepared, it is best to start retirement planning early. To make suitable choices, we need to predict as well as we can our future economic circumstances. Establishing
post-retirement key essentials in respect to income, savings, investment, expenditure and other retirement necessities.
Financial planning for retirement enlightens participants on how to manage cash flow, developing proven financial planning skills, and creating alternative sources of income for optimum living post-retirement.
This course is designed to prepare participants for the reality of retirement and teach some of the skills that will be useful in retirement. Understanding pension planning and how to access one's funds at retirement are essential topics that will be
discussed, including inputs to prevent business failure and legal requirements for starting a business.
Most people do not welcome the idea of WILLS and TRUST, but this course will also introduce and enlighten participants on the benefits of creating their wills and trust for the beneficiaries in the event of passing on.
“The
question isn’t at what age I want to retire but at what income?”
George
Foreman
Not
Having a Financial plan is a Plan – It’s a really bad plan”
– Alexa
Von Tobel
Failing
to Plan is Planning to Fail”
– Alan
Lakein
Modules
- Retirement – What?, When?, Why?, How?
- The Economy and Retirement
- Estimating Financial Gaps
- Managing Retirement benefits and investment opportunities
- Alternative sources of income, Investment strategy
- Entrepreneurship – starting a business
- Financial management in Retirement
- Wills and Trusts
Course Objectives
At
the end of the Course, participants will be able to:
- Understand how the economy often affects retirement life
- Develop proven financial planning skills in retirement and identify options for managing your financial affairs
- Learn about alternative sources of income and investment strategy
- Acquire some knowledge and skills necessary to start a business (entrepreneurship)
- Recognize entrepreneurial skills and their link to success in the new social setting
- Identify financial risks of retirement
- Be better prepared to manage cash flow for optimum living
ATC
ATC