The RetireWise programme is designed to provide a thorough understanding of how to manage one’s personal finances in preparation for retirement, at the point of retirement and after retirement.

The programme deals with the psychological aspects of retirement and the individual’s reaction to certain stimuli.

The programme facilitates taking responsibility for one’s own financial affairs with knowledge and confidence, enabling retirees to survive and enjoy their retirement years.

 

Attitude

My feelings regarding retirement

Typical retirement fears

Who is in control?

Setting goals

Taking action

Checking progress

Retirement Funds

Provident Funds

Measuring the retirement gap

Budgeting

Preparing a financial plan

Calculating Net Asset Value

Estimating how much money I need

Taxation on retirement funds

Taxation once I am retired

Insurance

Life assurance

Marriage and money

Some estate planning basics

Wills and testaments

Saving

Investing

Getting out of debt

Confirming vision and goals

Revisiting income and spending

Establishing your financial position

Considering alternatives

Setting financial goals

 

Pictorial graphics and question and answer type manual setup in a delegate workbook are used to communicate basic financial concepts relating to one’s retirement. The concepts are related to the individual’s personal financial situation. Discussion exercises in small grops facilitate the transfer of learning into the delegate’s own life experience.

 

Course duration is two days. Presented in-company. Further programmes can be conducted by licenced instructors on a modular basis.

 

All non-management employees with limited education. All employees who have limited understanding of personal finances and/or retirement concepts. The programme does accommodate individuals with limited reading capacity as well as those with a greater degree of literacy.