Post by Ismail AbdulAzeez on Dec 23, 2010 20:38:35 GMT 1
Retirement is the beginning of a new life, the start of a second adulthood. Are you financially prepared to pursue the life that have planned to lead when you actually retire? Financial planning for retirement is very important. One should make sincere effort to plan for retirement. Nobody can predict the future because you don’t know what will be return on your saving or what will be the inflation rate when you actually retire.
How much money will be available through social security, if social security exist when you retire. Unfortunately, most of us thinking about retirement planning when hardly 10 years’ time is left for our retirement. Effective retirement planning requires foreseeing the type of life you wish to lead after retirement. Do you like travelling every year? Would you like to pursue hobbies that you couldn’t during your peak working years like farming, gardening, writing or visiting places you always wished to? Retirement is like playing second and longest innings of one’s life. Enjoying this phase comfortably and peacefully require certain basics of retirement planning.
Concept of retirement planning has changed over the years. Retirement planning in the 21st century need different set of considerations from what it used to be. The current employment conditions have changed. In the past, Social Security Benefits, Personal Savings and Defined Benefit Pension were considered main resources for leading a comfortable retired life. In present scenario, one cannot solely depend on these resources. This is the era of early retirement which could be due to health reasons or layoffs. Thus means that you may have a shorter working career and longer retirement as compared to the earlier generation.
When you retire from your job you stop getting your pay cheques. Apart from depending on your savings, you certainly need some regular source of monthly income to take care of your day - to - day expenses. Before you stop working, do follow some basics of retirement planning.
Planning for retirement and making post - retirement decisions continues to be a major problem confronting both workers and retirees in Nigeria, experts say.
They advise that apart from investing in stocks and properties among others, a retiring worker should be able to discover a business he has potential in and develop such skills by attending training schemes and workshops, so that after retirement, he will not have much difficulty in setting up such a business.
Small to medium scale Agricultural Enterprises like Snail farming, Grasscutter farming, Fish farming, Beekeeping and crop farming are perfect examples of businesses that can be started with little capital for gainful returns and rewards in retirement.
And that is why we at ISMAIL ABDULAZEEZ AGRICULTURAL DEVELOPMENT FOUNDATION are out to assist a lot of Nigerians to top into these highly lucrative agricultural ventures.
We can actually help retirees by training them, setting up their farms and go through implementation processes with them till success is achieved.
You can reach us through our contact information below:
ISMAIL ABDULAZEEZ AGRICULTURAL DEVELOPMENT FOUNDATION
4, Ismail AbdulAzeez Street, Singer Bus Stop,
Ewupe - Ijaniye, Sango Ota - Ogun State.
Tel: +2348023050835, +2347033632285
E-mail: ismailabdulazeez@gmail.com
PS:
Act Now! Nothing happen without action. Do not procrastinate, make hay while the sun shines.
How much money will be available through social security, if social security exist when you retire. Unfortunately, most of us thinking about retirement planning when hardly 10 years’ time is left for our retirement. Effective retirement planning requires foreseeing the type of life you wish to lead after retirement. Do you like travelling every year? Would you like to pursue hobbies that you couldn’t during your peak working years like farming, gardening, writing or visiting places you always wished to? Retirement is like playing second and longest innings of one’s life. Enjoying this phase comfortably and peacefully require certain basics of retirement planning.
Concept of retirement planning has changed over the years. Retirement planning in the 21st century need different set of considerations from what it used to be. The current employment conditions have changed. In the past, Social Security Benefits, Personal Savings and Defined Benefit Pension were considered main resources for leading a comfortable retired life. In present scenario, one cannot solely depend on these resources. This is the era of early retirement which could be due to health reasons or layoffs. Thus means that you may have a shorter working career and longer retirement as compared to the earlier generation.
When you retire from your job you stop getting your pay cheques. Apart from depending on your savings, you certainly need some regular source of monthly income to take care of your day - to - day expenses. Before you stop working, do follow some basics of retirement planning.
Planning for retirement and making post - retirement decisions continues to be a major problem confronting both workers and retirees in Nigeria, experts say.
They advise that apart from investing in stocks and properties among others, a retiring worker should be able to discover a business he has potential in and develop such skills by attending training schemes and workshops, so that after retirement, he will not have much difficulty in setting up such a business.
Small to medium scale Agricultural Enterprises like Snail farming, Grasscutter farming, Fish farming, Beekeeping and crop farming are perfect examples of businesses that can be started with little capital for gainful returns and rewards in retirement.
And that is why we at ISMAIL ABDULAZEEZ AGRICULTURAL DEVELOPMENT FOUNDATION are out to assist a lot of Nigerians to top into these highly lucrative agricultural ventures.
We can actually help retirees by training them, setting up their farms and go through implementation processes with them till success is achieved.
You can reach us through our contact information below:
ISMAIL ABDULAZEEZ AGRICULTURAL DEVELOPMENT FOUNDATION
4, Ismail AbdulAzeez Street, Singer Bus Stop,
Ewupe - Ijaniye, Sango Ota - Ogun State.
Tel: +2348023050835, +2347033632285
E-mail: ismailabdulazeez@gmail.com
PS:
Act Now! Nothing happen without action. Do not procrastinate, make hay while the sun shines.
