As people continue their walk and development through life, they have an expectation of a time that will come, when they will have to stay away from active work (retire).
Some people may be satisfied with merely receiving a basic level of income from the mandatory Social Security and National Insurance Trust (SSNIT) and the 2nd tier pension scheme. Others would love to supplement the public pension fund with other sources of retirement income or pension schemes.
Whichever category of people you belong to, the recognition of the enormous benefit of the pension scheme cannot be overemphasized. Despite the benefits, people experience losses to their pension and are unable to enjoy the full vision of their retirement life.
In the Personal Finance Webinar Series by Ghana Talks Business, Yaw Korankye Antwi, a Pension expert explained how people experience losses to their pension and how such instances can be avoided.
He defines retirement plann