Program Overview:

Retirement marks a significant life transition, requiring careful planning to ensure financial security and overall well-being. This course addresses the imperative for advanced retirement planning, particularly within the Malawi Defence Force, aiming to enhance servicemembers’ readiness for retirement and bolster morale and productivity.

Objectives:

This comprehensive and tailor-made Training Programme seeks to help Servicemembers who are preparing for retirement to:

1. Assume accountability for retirement planning.
2. Create personalised retirement lifestyles aligned with individual needs and circumstances.
3. Navigate retirement challenges with resilience and adaptability.
4. Develop holistic retirement plans encompassing various life domains.
5. Make informed financial decisions to secure well-being in retirement.
6. Optimise personal freedom and self-realisation in senior years.

Key Topics to be Covered:

Through expert-led presentations, experiential learning workshops, and interactive sessions, the Training Programme will cover but not limited to the following topics:

1. Gearing Up for Retirement: Emphasizing preparation for a fulfilling post-retirement life.
2. Healthy Aging Strategies: Navigating retirement with consideration for psychological, emotional, and financial aspects.

• Financial Planning and Management: Identifying income sources, budgeting, investing, and insurance for retirement.
• Career Transition: Exploring post-retirement employment opportunities and professional enhancement.
• Wealth Distribution: Entrepreneurship, investment strategies, and managing pension funds.

d. Emotional & Mindset Management: Coping with life changes, stress management, and fostering healthy aging.

Who Should Attend:

The Training Programme is designed for retiring servicemembers (voluntary or mandatory). It is also open to all servicemembers seeking early retirement planning, as their Commanders may deem suitable.

Training Methodology:

The Training Programme will include diverse methodologies as follows:

1. Expert-led presentations by NICO Group PLC Experts and others Specialist Presenters.
2. Experiential learning workshops with real-world case studies.
3. Group activities, participant discussions, and interactive feedback sessions.

Why Attend:

The following are the benefits for attending the Training Programme, among others:

1. Gain peace of mind and optimise retirement days through proactive planning.
2. Achieve financial security and efficiency in career-related decisions.

b. Access strategies for healthy aging, emotional well-being, and lifestyle optimisation.

c. Network with peers and experts for ongoing support and guidance.

Time and Date of Training

The Training Programme will be held on Monday 22 July 2024 at Officers’ Mess, Malawi Armed Forces College, Salima. The Training will commence at 0830 hours.

Outline