Retirement Planning Masterclass

GHS 1,299

(78 reviews)

Duration: 10 weeks

Format: Online with weekly live sessions

Level: Intermediate to Advanced

Language: English

Certificate: Yes, upon completion

Course Overview

The Retirement Planning Masterclass is designed to provide you with comprehensive knowledge and practical strategies to create a secure retirement plan tailored to Ghana's unique economic environment. This in-depth program addresses both the universal principles of retirement planning and the specific considerations of Ghana's pension system, investment landscape, and economic realities.

What You'll Learn

Understand Ghana's three-tier pension system in detail and maximize your benefits
Calculate your retirement needs based on realistic projections of living costs in Ghana
Develop a customized retirement investment strategy aligned with your time horizon and risk tolerance
Learn how to integrate various income sources into a cohesive retirement plan
Master tax-efficient retirement planning strategies specific to Ghana
Understand healthcare planning and costs in retirement
Learn strategies to protect your retirement assets from inflation and economic uncertainty
Plan effectively for wealth transfer and estate considerations

Course Materials Include

Comprehensive retirement planning workbook with Ghana-specific guidance
Retirement calculator with localized parameters
Personal retirement planning checklist
Investment allocation templates for different life stages
Guide to Ghana's pension systems and regulations
Estate planning documents relevant to Ghana
Certificate of completion

Who Should Take This Course

This masterclass is ideal for:

Professionals aged 30-55 wanting to create or optimize their retirement strategy
Self-employed individuals needing to establish their own retirement structures
Those approaching retirement who need to fine-tune their plans
Individuals with existing retirement savings looking to optimize their approach
Financial advisors seeking Ghana-specific retirement planning knowledge

Course Curriculum

Module 1: Retirement Planning Fundamentals

The importance of retirement planning in the Ghanaian context
Common retirement planning myths and misconceptions
Setting realistic retirement goals based on lifestyle expectations
Understanding longevity and its impact on retirement planning

Module 2: Ghana's Pension System

Understanding the three-tier pension system in detail
SSNIT benefits and calculations
Occupational pension schemes (Tier 2)
Voluntary personal pension schemes (Tier 3)
Pension regulatory framework and protections

Module 3: Retirement Needs Analysis

Calculating your retirement number for Ghana's economic context
Factoring in inflation and currency considerations
Lifestyle planning and budgeting for retirement
Healthcare costs in retirement in Ghana

Module 4: Retirement Investment Strategies

Asset allocation principles for retirement planning
Investment vehicles suitable for retirement in Ghana
Risk management for retirement investments
Adjusting investments throughout different life stages

Module 5: Real Estate in Retirement Planning

The role of property in Ghanaian retirement planning
Evaluating real estate investments for retirement income
Managing property investments during retirement
Reverse mortgage options and considerations

Module 6: Tax Planning for Retirement

Ghana's tax structure for retirement savings and income
Tax-efficient withdrawal strategies
Pension taxation rules and exemptions
Minimizing tax liability in retirement

Module 7: Alternative Income Sources

Business ownership and part-time work in retirement
Creating passive income streams
Family support structures in the Ghanaian context
International income sources and considerations

Module 8: Risk Management and Insurance

Health insurance options for retirees in Ghana
Long-term care considerations
Life insurance in retirement planning
Protecting retirement assets from economic risks

Module 9: Estate Planning

Wills and inheritance planning under Ghanaian law
Wealth transfer strategies
Trust structures available in Ghana
Legacy planning and charitable giving

Module 10: Creating Your Comprehensive Retirement Plan

Developing your personalized retirement roadmap
Implementation timeline and milestones
Monitoring and adjusting your plan
Working with financial professionals in Ghana

Student Reviews

4.9 /5

Based on 78 reviews

Joseph A. April 15, 2024

At 45, I realized I hadn't properly planned for retirement despite having a good job. This masterclass was eye-opening. The detailed explanation of Ghana's three-tier pension system and how to optimize each tier was worth the price alone. I now have a clear roadmap and realistic projections for my retirement.

Esther M. March 28, 2024

As a self-employed entrepreneur, I had no idea how to structure my retirement savings without an employer pension. This course provided clear, actionable strategies specifically for people like me in Ghana. The section on alternative investments and real estate for retirement income was particularly valuable.

Samuel T. February 10, 2024

I'm just five years away from retirement and was worried about whether I had enough saved. This course helped me optimize my existing assets and develop a sustainable withdrawal strategy. The tax planning section alone saved me thousands in potential retirement taxes. Excellent, practical content!

About Your Instructor

Mr. Daniel Nkrumah

Retirement Planning Specialist & Pension Consultant

Mr. Nkrumah is one of Ghana's leading retirement planning experts with over 18 years of experience in the pension and financial planning industry. He holds an MBA in Finance and is a Certified Financial Planner (CFP) and Chartered Retirement Planning Counselor (CRPC).

Throughout his career, he has advised thousands of individuals and corporate clients on optimizing their retirement strategies within Ghana's unique economic environment. He previously served as a consultant to the National Pensions Regulatory Authority and has contributed to several pension reform initiatives in Ghana.

Credentials

MBA in Finance, University of Ghana Business School
Certified Financial Planner (CFP)
Chartered Retirement Planning Counselor (CRPC)
Former Head of Pensions at Premier Financial Services
Author of "Securing Your Retirement in Ghana"
Regular contributor to financial publications