Experts Give Early Retirement Planning, Investment Strategies
By Modupe Gbadeyanka
Some workers have been given early retirement planning and investment strategies at the pre-retirement seminars organised by Stanbic IBTC Pension Managers.
The workshops were put in place for customers by the subsidiary of Stanbic IBTC Holdings Plc in Edo, Plateau, and Oyo States from May 11 to 25, 2023.
Themed Making Extraordinary Happen in Your Post-Work Life, the seminars served as a platform to empower individuals with essential tools and information necessary for a comfortable and worry-free retirement. They attracted a diverse audience eager to learn about securing their financial future post-work life.
The chief executive of Stanbic IBTC Pension Managers, Mr Olumide Oyetan, highlighted the objectives of the seminars, which include preparing retirees for retirement and educating pension fund contributors on various topics such as application procedures, retirement documentation, and other pension-related matters. This initiative reflects Stanbic IBTC’s ongoing commitment to providing clients with exceptional value.
“The pre-retirement seminar series is a step in the right direction towards empowering pension contributors to make informed decisions, prepare for life after work, and retire well. The engagement and interaction from highly engaged attendees testify to the value we deliver to our clients,” he said.
Also, the Medical Consultant for Stanbic IBTC Pension Managers, Dr Sylvanus Jatto, gave a health talk on nutrition and lifestyle changes to be adopted to prepare attendees for a healthy and wealthy retirement, charging the soon-to-be retirees to prioritise their health at retirement.
The Executive Director for Business Development at Stanbic IBTC Pension Managers, Ms Nike Bajomo, emphasised the importance of making prudent financial choices in retirement.
She noted that individuals who start saving for retirement early are more likely to accumulate a substantial amount in their retirement savings accounts (RSA) over time, providing a solid basis for their retirement.
Ms Bajomo said individuals who delay retirement planning can still achieve financial security with careful preparation and voluntary contributions.
“As an organization, we have established this pre-retirement workshop to support the goals of pension contributors who are working hard to retire safely,” she stated.
She reiterated Stanbic IBTC Pension Managers’ commitment to helping customers retire well and encouraged them to take full advantage of the available resources and information during and after the seminar.