Course Title: Retirement Planning and Preparedness for Kenyan SACCOs Staff

Duration: 1 Day (Full-Time)

Target Group: SACCO staff, HR managers, finance officers, and supervisory committee members.

1. Executive Summary

This 5-day course equips SACCO staff and management with knowledge and skills to plan effectively for retirement. Participants will learn about financial planning, retirement schemes, risk management, health and lifestyle considerations, and the legal framework governing retirement, ensuring staff are well-prepared for a secure and comfortable retirement.

2. Course Objectives

By the end of this training, participants will be able to:

1. Understand the importance of early and strategic retirement planning.
2. Analyze personal and organizational retirement schemes and benefits.
3. Develop financial and non-financial retirement preparedness plans.
4. Understand regulatory frameworks governing retirement in Kenya.
5. Promote retirement awareness and succession planning within SACCOs.

3. Expected Learning Outcomes

Participants will be able to:

1. Calculate retirement needs and plan for income security.
2. Evaluate retirement schemes and benefits applicable to SACCO staff.
3. Manage financial and lifestyle risks associated with retirement.
4. Make informed decisions about investments, savings, and health planning.
5. Implement retirement preparedness strategies within personal and organizational contexts.