Aligning Retirement Goals with Financial Planning
Every financial expert or advisor will tell you that you need a robust financial plan. Usually, the next logical step would be to have you set certain goals and make a Strategic plan to achieve them. The most basic of these would be to divide your plan into short-term, medium-term, and long-term cohorts to ensure all your […]
Education policy: Can I get my money back if I surrender before maturity?
Question: What important things does a 20-year-old need to know about money and finance? When one is in their twenties, they have the advantage of time and can bounce back from life adversities. Notably, financial mistakes made at this age can easily be corrected instead of making them when one is much older. In that […]
Retirement planning: What pension trends should I look out for?
Demographic shifts, economic realities, and societal changes have fundamentally altered the way we plan for our sunset years. Throughout history, pensions have mirrored the changing structures of societies. In the African setting for instance, community-based approaches to elderly care reflect early forms of social welfare. However, as industrialization and advancements in healthcare reshaped family structures […]
Financial freedom: I recently turned 20, what should I know about money and finance?
Question: What important things does a 20-year-old need to know about money and finance? When one is in their twenties, they have the advantage of time and can bounce back from life adversities. Notably, financial mistakes made at this age can easily be corrected instead of making them when one is much older. In that […]
Should I consider Fixed Annuities as a Retirement Plan?
Last Sunday, a conversation came up on retirement as we were having family lunch. As you may have guessed, the conversation elicited a lot of opinions from when we should start having a solid retirement plan to the preferred choices of retirement plans. According to several financial advisors, the best time to start saving for […]
Healthcare on the go: Is the high cost of international medical cover worth it?
International Private Medical Insurance (IPMI) is designed to provide comprehensive medical coverage for individuals and families, and even the corporates on a bespoke level. Unlike local insurance plans, IPMI offers access to a global network of healthcare providers and covers a wide range of medical services, from routine check-ups to complex treatments. The cover has […]
Retirement planning: Annuity or investing in property, which is better?
Last week’s article on whether one should consider a fixed annuity as a retirement plan elicited quite a response, with one of the readers asking for further clarity on whether he should consider an annuity or instead invest in property for their retirement. Every time I have training for members of pension schemes preceding their […]
Emerging Trends Shaping the Pension Ecosystem
Throughout history, pensions have mirrored the changing structures of societies. In the African setting for instance, community-based approaches to elderly care reflect early forms of
Trust Funds and Alternatives for Managing Investments
For most of us, the topic of death is a grim one, and for good reason. No one wants to think of the possibility that
Essential Money and Finance Tips Every 20-Year-Old Should Know
Discover key financial insights every 20-year-old needs to build a secure future. From budgeting and saving to investing and managing debt, these tips will set you on the path to financial success.
