By Pa Gbabe Isaiah Olasupo

PRESENTATION/DISCUSSION ON LIFE AFTER RETIREMENT

OUTLINE:

1. Prayers and brief personal introduction.
2. What is Retirement?
3. What are the immediate challenges?
4. Personal strategies to combat the challenges
5. Pieces of Advice for intending Retirees
6. Conclusion and Prayers.

I appreciate and thank the Leadership of this Ministry Pastor Kehinde Olumofin for giving me the opportunity of taking this topic with you.
I pray that his Service to GOD and Humanity shall be bountifully rewarded in JESUS Name Amen 🙏

I also thank you Sir, for the concise introduction about my legacies and Antecedents.. since we became one family in the LORD.

2.WHAT IS RETIREMENT?

Like our Mummy Ogunmekan succinctly said in her discourse yesternight…is a set date you bow out of an employment meritoriously at a Mandatory Age and Service years.. in line with Organisational Policies and Procedures and this may vary from Private and Public sectors.

3. WHAT ARE THE IMMEDIATE CHALLENGES

The challenges are many and can be enumerated as follows from personal experience:
*Need to adjust to sleeping and wake up in the morning and the adjustment may take sometimes.
*The Need to review your Income and Expenditure Budget.. either you are on Lump-sum payment or Monthly payment after retirement.
*Allocation of funds to the following Must Pay Bills:

• House Rent
• Electricity bill
• Security levy
• Children schooling (fees, books, uniform etc)
• Food and sundries
• Vehicle Maintenance
• Emerging medical expenses
• Church committments
• Social engagements and community involvements

1. PERSONAL STRATEGIES TO COMBAT THE CHALLENGES.

Before I retired from work in 1996, to the Glory of GOD and the support of my dear wife, we have erected a small structure of 3-Bedrooms apartment in 1995 with all the conveniences.. based on
our family size of five people.

The issue of paying rent was eliminated and amount spread over other Key expense items.

During the retirement years our children were at the University, two girls reading Medicine at College of Medicine, UNILAG and a boy at OAU.. reading Agricultural Science.

Through prudent and prioritization of expenses based on my monthly pension payment..cum sincere
SUPPORT from my better half who was still working.. in addition to engaging in small businesses especially in Mobil Oil where I retired and some other companies, we were able to train all our children successfully in the University.
I will not forget to mention that my wife was a dogged worker who invested in Poultry farming and the little income did assist us to stabilise and meet our financial obligations.

We cut off frivolities and committ our resources to serving GOD and Humanity
We attend Church regularly and served as Church workers…I was Church Warden for two terms and my wife is a Lay Reader as well.
We pay our Tithes regularly and also participate in order areas of finical needs in the Church and our Church Society (YMCA YWCA) as well as in our Community.

PIECES OF ADVICE FOR INTENDING RETIREES

• No the son or daughter of who you.. don’t forget your upbringing.
• Make hays while the sun shines.
• Plan adequately before and after your Retirement and don’t eat with your ten fingers
• Get involved in small scale business, use your connection to get contract that you can sufficiently execute
• Don’t join bad group and never be envious of anybody whose source of income is questionable
• Cooperate with your wife and be open to her.. such lies love, peace,. comfort and rest of mind.
• You are your house hold continue to serve God with all your hearts and substance.

1. CONCLUSION AND PRAYERS

• Once again I thank our Father in the LORD for giving me this opportunity tonight and God shall continue to strengthen bless increase your Your anointing in JESUS CHRIST Mighty Name Amen
• Please, I humbly request our Pastor to give us the closing prayers, Sir.