This module introduces you to the foundational concepts of retirement planning, emphasizing the importance of starting early to secure financial stability in later years. It explores the implications of increasing life expectancy on retirement savings and addresses common misconceptions that often discourage or delay effective planning. By understanding life expectancy trends and dispelling retirement myths, you will be better equipped to make informed financial decisions that ensure a comfortable and sustainable retirement. The key items to be covered will be; the importance of early retirement planning, Life expectancy trends and their impact on savings and Common retirement planning myths.

This module explores the various pension schemes and retirement savings options available to individuals in planning for their financial future. It covers the structure and differences between employer-sponsored pensions, specifically defined benefit and defined contribution plans, and explains the role of government pension schemes and social security benefits in retirement security. Additionally, the module highlights the importance of private retirement savings accounts, such as Individual Retirement Accounts (IRAs), 401(k) plans, and Roth accounts, as essential tools for building retirement wealth. By understanding these options, you will be able to evaluate and select suitable retirement savings strategies tailored to their needs.

This module introduces you to the core principles of financial planning for retirement. It focuses on setting realistic retirement goals, estimating future living expenses, and creating sustainable budgeting and saving strategies tailored to various income levels. You will also explore how inflation affects purchasing power and the long-term sustainability of retirement funds. Emphasis is placed on practical tools, forecasting techniques, and adaptive planning to build financially secure retirement plans.

This module focuses on equipping you with the knowledge and skills necessary to make sound investment decisions that support long-term retirement goals. It covers diversification of investment portfolios, balancing risk and return through effective asset allocation, and understanding how compound interest contributes to wealth accumulation over time. You will explore various retirement investment vehicles—such as stocks, bonds, real estate, and annuities—and learn how to assess individual risk tolerance and market volatility to create a sustainable, retirement-focused investment strategy.

This module explores the key risks individuals face during retirement and how to effectively manage them to ensure long-term financial security. It covers longevity risk and the challenge of outliving savings, the effects of market volatility and economic downturns, and the increasing burden of healthcare expenses and insurance planning. You will learn to assess these risks and develop strategic, diversified retirement plans that incorporate financial products, government benefits, and personal savings to mitigate potential setbacks

This module introduces you to the core principles of financial planning for retirement. It focuses on setting realistic retirement goals, estimating future living expenses, and creating sustainable budgeting and saving strategies tailored to various income levels. You will also explore how inflation affects purchasing power and the long-term sustainability of retirement funds. Emphasis is placed on practical tools, forecasting techniques, and adaptive planning to build financially secure retirement plans.

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