Retirement

10 things retirees shouldn’t do with lump sum money

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Chuks Udo Okonta

To effectively maximise pension lump sum payment, retirees are to avoid doing these 10 things.

*Invest in unfamiliar business

*Lending

*Loan payment

*Lavish retirement party

*Start house building

*Marriage

*Unnecessary tour

*Unnecessary donations

*Betting

*Clubbing

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