CPD Accreditation detail

Professional Body: IOBSA

CPD hour allocation: CPD Hours (online learning): 3 CPD hours    

CPD registration number: IOB247

Course description:

Deciding when to retire is a crucial financial and lifestyle choice. For many South Africans, the key question is not just when to retire, but whether they can afford to retire at all. With only 6% of South Africans having sufficient retirement savings, understanding the financial impact of working longer, managing expenses, and optimising income streams is essential for retirement readiness.

In this course, we explore the benefits of delaying retirement, strategies to reduce financial strain, and ways to create a sustainable retirement plan. You’ll gain practical insights into how working longer, lowering investment fees, and supplementing income can significantly improve financial security in retirement.

The following topics will be covered in this course:

• The Financial Impact of Working Longer
• Managing Expenses Before and During
• Investment Fees and Their Hidden Impact
• Creating Additional Income
• The Role of Living Annuities in Retirement Planning
• Balancing Retirement Timing and Lifestyle Choices
• Using Financial Tools for Retirement

By the end of this course, you’ll have a clear understanding of whether working longer or retiring now is the best option for your client. You’ll be equipped with the knowledge to help your clients make informed decisions that ensure financial stability, a sustainable income, and a comfortable retirement.