Continuous self-development for knowledge, certificates and adding value to your employer are necessary to building a good pension for yourself.
A former managing Director, IEI-Anchor Pension, Mr. Glory Etaduovie, stated these at the Self-development and Career Growth seminar.
He said: “Lackadaisical attitudes to self-development, not being visible and adding value to the employer’s business, is self-defeating.
“ You are the only direct loser. Do not wait to be trained. If you cannot invest in yourself, who then should?
“Knowledge is power. You will stand out, your salary will grow, your pension will grow faster with fat salaries.
“Its compound interest growth will be amazing in more leaps and bounds. Other growth benefits all add up as well. The longer and weightier contributions you make over time, the better.
“But staying idle and waiting for retirement money is a worse crime.’’
Etaduovie said learning investment for alternative income early might come as a simple hobby developed into good business.
As our career stabilised, he said, we should think of related alternative or compliementary legitimate income.
He noted that this helps with increased disposable income, and increased savings capacity.
He added: “As you retire, you need something already familiar and ready to keep your mind working and healthy. Retirement plans are wholistic for good health.
“Obviously, this must not distract you from the main job if your income is not heavy enough to deserve all your attention. Staying idle and waiting for retirement money is a worse crime.’’