Skip to main content
Category

Ask Shade

Smart lifestyle tips for retirees

By Ask Shade

One of the ways to enjoy a comfortable retirement is by engaging in a chain of healthy behaviors that eventually form a lifestyle that enables you to thrive every single day. As your partner invested in your tomorrow, it is our duty to keep providing you with tips that help you make the most of your retirement. These 4 tips will help improve your lifestyle. Keep active Find ways to stay active and keep fit each day. Consider activities that you enjoy which maintains strength, balance and flexibility while promoting cardiovascular health. Physical activity helps you stay at a healthy…

Read More

Stages of retirement planning

By Ask Shade

Now that we’ve looked at what retirement planning is and the benefits of retirement planning, it is pertinent that we explore some guidelines for successfully planning your retirement at different stages of your life. Young Adulthood (21-35 years old) If you fall into this age bracket, you have sufficient time to let your investments mature which is an important and valuable factor in retirement planning. The reason for this is that you enjoy the benefits of compound interest which allows your retirement savings to earn interest and that interest to earn even more interest. This means that the more time…

Read More

This thing called retirement!

By Ask Shade

Retirement is that time of life when a person chooses to permanently leave the workforce behind. In Nigeria, the average retirement age for those in the public sector varies between 55-60 years while some retirees who are fit and healthy often opt for a private employ when they retiree to either keep busy or meet up with expenses. Retirement can last for decades these days due to increased life expectancy and typically consists of multiple phases. Phases of retirement According to Late sociologist Robert Atchley who was around in the 1970s, retirement can come in six phases. Pre-retirement: This is…

Read More

What is Retirement Planning?

By Ask Shade

Retirement planning is simply the preparation for life after employment ends. This preparation impacts all aspects of your life and not just your finances. The aspect that doesn’t require money include lifestyle choices like how to spend time in retirement, where to live, when to completely stop working and more. A well-rounded retirement plan should consider all these areas. However, the approach or emphasis a person puts on retirement planning changes throughout different life stages. Early career During this time, the emphasis should be to set aside enough money for retirement. You have the luxury of time to accumulate what…

Read More

Five things to know before investing in the stock market

By Ask Shade, Investment 101

The stock market can help you make a lot of money, if you invest knowing the nitty-gritty of the market. Here’s what you need to know Never jump blindly into stock markets It often happens that while talking to your friends and colleagues, the discussion heads towards the stock market, and also how the stock market helps investors make big money. You might never have invested in the market, but after hearing about all those things, you also decide to buy some stocks. This move is highly discouraged, because you are jumping in blind. You should invest in the stock…

Read More

10 reasons you should have an Estate Plan

By Ask Shade, Investment 101

Your loved ones are typically the No. 1 priority in your life, and that isn’t going to change. The best way to make sure they are taken care of after you pass is to establish an estate plan while you are still of sound mind. Here are the top 10 advantages of creating an estate plan: It provides for your immediate family.  An estate plan will provide enough money for your surviving spouse to continue to care for the family. If both you and your spouse pass, an estate plan will name appointed guardians to care for your children. It…

Read More

THE TOP 10 ADVANTAGES OF ESTATE PLANNING

By Ask Shade, Investment 101

Taking care of your family has always been the No. 1 priority in your life, and that isn’t going to change. The best way to make sure they are taken care of after you pass is to establish an estate plan while you are still of sound mind. Here are the top 10 advantages of creating an estate plan: Provide for your immediate family.  The estate plan will provide enough money for your surviving spouse to continue to care for the family. If both you and your spouse pass, an estate plan will name appointed guardians to care for your…

Read More