Retirement
Objective.
Learn the basic steps in retirement planning. The content includes the use of retirement calculators to determine your retirement income needs, and options for dealing with projected shortfalls and for building your retirement income.
Course Outline
- Understanding considerations when planning for retirement
- Methods to determine your retirement needs
- Using retirement calculators to assess your needs
- Estimating your available resources and calculating gaps
- Options to plan for your retirement income needs
Who Should Attend.
Those who want to know how to calculate the funds they need for retirement and the options they can consider to build their retirement funds.
Duration. 3 Hours
Objective.
Understand how the local pension framework prepares you for retirement, what to expect at retirement age, and the various options available for drawing your retirement income.
Course Outline
- Retirement pitfalls and life stories
- When you should plan
- The changes to your pension entitlement at retirement age
- The retirement amount that can be set aside
- Top-up schemes to boost retirement savings
- Types of retirement income plans and their payouts
Who Should Attend.
Those who want to learn about how the pension framework prepares them for retirement, payout options and nominations.
Duration. 3 Hours
Objective.
Learn how to plan your finances during your retirement years to ensure that your desired lifestyle can be sustained. Understand how the pension framework prepares you for retirement, options to supplement payouts, and the importance of health insurance.
Course Outline
- How much do you need?
- Plan your finances and budget for a sustainable retirement lifestyle
- Pension as a source of retirement income
- Funding retirement with your property
- Funding retirement with investment
- Beware of scams and unregulated investment schemes
- Managing healthcare costs with insurance schemes and considering whether you need more cover
Who Should Attend.
Recommended for those 40 years old and above who are planning for retirement or already in retirement, and who want to learn how to manage their finances.
Duration. 3 Hours
Objective.
Understand the purpose, importance, considerations and ways of distributing your assets according to your wishes. You will also learn about wills, nominations, trusts and the Lasting Power of Attorney (LPA).
Course Outline
- Objectives and benefits of estate planning
- Consequences of not planning
- Considerations when planning distribution of your assets
- Intestate succession
- Basic steps in estate planning
- Means of transfer
- Lasting Power of Attorney
Who Should Attend. Those who want to know what estate planning is, why it is important, and how it can help distribute assets according to a deceased’s wishes. Also for those who want to learn how to plan ahead should they lose mental capacity.
Duration. 3 Hours
Objective.
Learn how to prepare yourself for a comfortable retirement. You will be taught how to provide for yourself and your family through proper money management, adequate insurance coverage and by planning ahead with pension nominations and the Lasting Power of Attorney (LPA). You will also learn how your pension and your home can support you, as well as considerations when investing.
Course Outline
- What you should know about retirement
- What you can do now to start saving for your retirement
- Who is helping you to build up your retirement fund and what more can you do
- How to reduce disruptions to your retirement plan with insurance and other means
- Why you need to review and adjust your plans, and how to leave a legacy
Who Should Attend. Those who want to plan their finances for retirement.
Duration. 2 Hours
Objective. This module is for employees who are being or have been retrenched. Learn about financial planning and how to review your current financial position. Learn how to manage your finances by reviewing your spending and setting a budget. Also learn how to avoid and reduce debt, and how to create cash flows.
Course Outline
- Measuring financial fitness
- Reviewing spending, insurance and investments
- Managing debt
- Setting up appropriate projects
Who Should Attend. Suitable for employees who are being or have been retrenched.
Duration. 3 Hours
Objective.
Learn to identify types of unregulated investment schemes and possible scams. Learn about unfair sales practices and your rights. This workshop also covers the lease, sale and purchase of property, and the role of regulating bodies including the Estate Agents Council of Zimbabwe (EACZ), the Insurance and Pensions Commission (IPEC), the Securities and Exchange Commission of Zimbabwe (SEC) and the Reserve Bank of Zimbabwe (RBZ).
Course Outline
- Scams such as online scams, phishing and money-mule schemes
- Unregulated investment schemes such as land and crop schemes, gold buy-back, pyramid schemes and virtual currencies
- Role of the Consumers Council of Zimbabwe
- Role of the Insurance and Pensions Commission
- Role of the Reserve Bank of Zimbabwe
- Role of the Estate Agents Council of Zimbabwe
- Role of the Securities and Exchange Commission
- Consumer rights and recourse
- Outliers, gambling and unfair business practices
Who Should Attend. Anyone who wants to know the types of scams and unregulated investment schemes and how people fall for them. Also for those who want to learn about consumer rights and avenues to seek recourse for victims of unfair business practices.
Duration. 3 Hours