ADDRESS BY MR. EDWIN IGBITI, PRESIDENT/CHAIRMAN OF COUNCIL, CHARTERED INSURANCE INSTITUTE OF NIGERIA AT THE YEAR 2024 INSPINEONLINE RETIREMENT SUMMIT HELD AT RADISSION HOTEL, ISAAC JOHN STREET, IKEJA, LAGOS STATE.
PROTOCOLS
As we journey through life, it is essential to envision a future where we can embrace our golden years with financial security and peace of mind. Living the retirement life of your dreams is within reach with proper planning.
Insurance and pension play pivotal roles in securing our future during retirement. Insurance provides a safety net, ensuring that unforeseen circumstances do not derail our financial stability.
By investing in insurance policies such as life insurance or health insurance, we protect ourselves and our loved ones from financial hardships in times of need.On the other hand, pension plans serve as a steady income source during retirement, offering a sense of financial security.
By contributing to a pension fund throughout our working years, we can build a nest egg that provides us with regular income post-retirement. This stability allows us to maintain our standard of living and pursue our passions without the constant worry of financial constraints.Moreover, insurance and pension plans offer tax benefits and incentives, making them not just wise financial decisions but also smart investments in our future.
By leveraging these opportunities, we can optimize our retirement savings and reap the rewards in our later years.By ensuring that your pension is sufficient to cover your living expenses and any extra activities you desire, you can truly enjoy your golden years.
Additionally, having comprehensive insurance coverage can safeguard your health and wealth, protecting you from unexpected expenses that could derail your retirement plans.
With careful financial planning and smart choices, you can create an address in retirement that is filled with relaxation, enjoyment, and financial security.It is never too early to start planning for retirement. The earlier we begin to invest in insurance and pension schemes, the better positioned we will be to enjoy a fulfilling and comfortable retirement.
Let us take charge of our financial future and make informed decisions that pave the way for a secure and prosperous retirement life.I urge each one of you to consider the importance of insurance and pension in shaping a better retirement life.
By taking proactive steps today, we can create a tomorrow where financial worries take a back seat, allowing us to savor the joys of retirement to the fullest.Planning for retirement is a crucial aspect of financial wellness, and insurance and pension plans are valuable tools in achieving that goal. If you have any specific questions or need further assistance on this topic, feel free to ask!
Thank you for your attention.
