Start planning very early, retirement has a way of sneaking up on us, One moment you're focused on career, juggling bills, and planning holidays — and the next, you're wondering whether your pension will be enough when the paychecks stop. Seek financial planning advice very early .
What is the best age to start planning for your pension - as soon as you start earing usually in your twenties , however, for most diasporas, sometimes, it can start later in life , 30s, 40s, 50s but to build a substantive and meaningful retirement, your
Increasing monthly contributions
Consolidating your pension pots across borders
Maximising employer's match
Exploring tax efficient private pensions
Always check on your pension contributions
Ensure that contributions are paid to the appropriate funds
Regularly check your contributions with the Tax offices and Pension funds services for private pension
Remember, the traditional safety net /support of the family dependencies are slowly eroding from our societies , as more become individualist
Rising life expectancy means , we are living longer than expected
Rising cost of living
Forecast your retirement income
Fill contribution gaps and optimize your drawdown strategy
Explore flexible retirement pathways and phased transitions