As part of effort to promote successful retirement, financial management experts have called on workers to be financially disciplined and invest wisely.
The stakeholders gave the charge during a one day seminar on Personal Finance management as strategy for fulfillment in Retirement, organized by the management and joint unions of the Port Harcourt Polytechnic, Rumuola, in Port Harcourt, last week.
Speaking on the topic, “personal Financial Discipline and investment strategies for fulfillment  in Retirement, one of the resource persons, Dr Moses Neebee identified lack of retirement plan as the bane of successful living after an active working carreer.
Neebee listed the types of retirement to include, Voluntary, Compulsory and Forced retirement, stating that the best way to cope with retirement was to save ahead of time, and invest wisely.
He advised workers to always live a debt free life, and seek the advice of financial experts on their expenditure plan.
He added that workers should always build their capacities and take up parttime jobs to argument their salaries.
Another guest speaker, Mr Charles Nwabuike, who spoke on the topic “cooperative philosophy as viable retirements planning option”. Advised workers to always form themselves into cooperative societies to achieve viable economic objectives.
He said the spirit of cooperative will enable workers to raise their standards of living and promote unity of purpose among them.
On his part, Mr Chidi Nwakpa who spoke on the topic “investment linked insurance and personal pension plan, as strategy for quality retirement planning”, called on workers to seek alternative insurance plans to secure their pension saving. He said the alternative measures was necessary in view of the fact that most institutional pension scheme, are fraut with fraud and maladministration. He pointed out that the current contributory pension scheme offers little solution to the plight of workers, and called for a review of the new pension regime. In his remark, the Rector of the Port Harcourt Polytechnic, Dr Sam Kalagbor, said the seminar was to provide an avenue for the various unions and management to discuss on how to promote the welfare of workers.
He said the polytechnic will remain committed to enhancing the social security of workers, and urged the participants to take advantage of the programme to improve their saving plans in preparation for retrimeent.

Taneh Beemene