RATIONALE: The growing sophistication and complexity of Nigeria’s socio-economic environment has made pre-retirement planning a key corporate responsibility. When people leave paid employment, they must seek alternative means of living. For many, retirement represents a nightmare and a very sad experience only very few people look forward to retirement with expectation and excitement. The reason […]

The growing sophistication and complexities of Nigeria’s socio-economic environment has made pre-retirement planning a key issue in corporate responsibility.

There are so many definitions of retirement. While some see it as the final phase of formal occupational life cycle; a terminal end of a career which comes with age, others see it an indication that the executive at a certain age is no longer strong and active and that his productivity is beginning to wane. In some circle, it is seen as a transition from one stage of activity to another.

There are so many definitions of retirement. While some see it as the final phase of formal occupational life cycle; a terminal end of a career which comes with age, others see it an indication that the executive at a certain age is no longer strong and active and that his productivity is beginning to wane. In some circle, it is seen as a transition from one stage of activity to another.

There are so many definitions of retirement. While some see it as the final phase of formal occupational life cycle; a terminal end of a career which comes with age, others see it an indication that the executive at a certain age is no longer strong and active and that his productivity is beginning to wane. In some circle, it is seen as a transition from one stage of activity to another.