Retirement ought to be a great time when you relax and have time to yourself and your family. It is that time that you also bond with your community members and get to introspect on the kind of life you have led as well as enjoy what you have invested or saved during your hey days. Unfortunately, this never happens with most people who have no financial probity and end up broke after spending endless years in employment and slaving for their bosses.

Most people at this age are highly likely to get depressed since they have nothing, absolutely nothing to look up to. Maybe they spend all their money; in a good or even unwise way and now they have nothing to live on. It becomes increasingly difficult when you had the best moments in your life and all the money that you could ever wish for but end up with nothing. you have to literally beg or even sell personal property in order to feed and this is never a good thing. In this article, we look at steps to financial probity that are going to ensure that you lead a normal and good life even after retirement. So, let’s dig into the steps to make sure that you are financially stable even in those rainy days after your retirement.

1. invest in long term plans

You really need to invest in long term plans that are going to pay. Here is where you exercise the most caution because you do not want to invest in something that is going to fall the next day. so look for investments that are trusted and have stood the test of time for example government treasury bills and bonds.

2. Spend wisely and have a good bulk saved

In your hey days, make as much hay as possible and save it for your rainy retirement days. While inflation might thwart your plans, you could even think of investing in a gold IRA investment plan that is not prone to inflation.

3. educate all your kids and ensure they are doing well professionally

Well this might be easier said than done especially when your kids are tough and hard of hearing. There are those kids that no matter how good you advise them, they end up never listening to you . This however should not deter you from doing the best for them. Ensure that all are educated and if possible, have them doing well professionally since they could end up helping you when you are grizzly and old.


  • Dawanyo

    Biomedical laboratory Technologist

    Labbotecth Campany

    Dr. David  Nyoro is a board-certified  Biomedical Laboratory Technologist with more than 10  years of experience, now practicing in Kenya. He is an expert in operation, production and analysis of modern medical laboratory diagnostic tools and kits.