Tuesday 21 July 2015

WHY MOST RETIREES DIE WITHIN 5 YEARS OF THEIR RETIREMENT-Odunze Reginald C




Image credited to orelowitz.com

According to Walter Updegrave in an article captioned “Three Little mistakes that can sink your retirement, which appeared in Yahoo Finance it states that “It’s almost become a cliché. Virtually every survey asking pre-retirees what they plan to do in retirement shows that the overwhelming majority plan to work.
Indeed, a recent Merrill Lynch survey found that nearly three out of four people over 50 said their ideal retirement would include working. Which is fine. Staying connected to the work world in some way can not only offer financial benefits, it can also keep retirees more active and socially engaged”
Low pension pot, most retirees discover at the point of retirement that their pension pot may not carry them through, and the sudden realization often leads to series of heart related diseases.
Revealing their pension pot to their family members, the classic case of the retired professor at the  University of calabar is still very fresh in our minds, who was killed by his two children on realization of the father’s pension pot of 42 million Naira.
The danger of marrying new wives. The danger of marrying new wives during retirement leads to the following : It alienates the first wife and Set aside the existing will as the law of interstate states that marrying new wife set aside the existing will. It will also brings collusion between family members, internal rivalry etc .
There is also the pressure of meeting up with financial and emotional needs of the new partner, and the extreme part is meeting the sexual needs of a teenager. As this have driven most men to a point of taking sexual enhancing drugs, and these drugs increases the risk of high blood pressures , hypertension and even stroke.
Habit: Men are believed to have such habit as drinking, smoking and womanizing, these are a harmful habit that reduces somebody’s life expectancy. This is in agreement with Obafemi Awolowo popularly  called Awo by his political admirers opined in his book “Path to Wisdom” that he attributes his success in life to three factors- the grace Of God, a Spartan self discipline and a good wife. Continuing he noted that in maintaining a Spartan self discipline, he stressed that you must avoid over eating, alcoholic indulgence and clear stay clear of the sin of the Gary Hart, namely womanizing.



Odunze Reginald is the Lead Consultant, Chareg Consulting, a social media consultant and social marketing consultant , you can visit our twitter anchor @regydunze, find us on Facebook @ Reginald odunze and reginaldodunze.com, at google+ @ Reginald Odunze and at Linkedin@reginald odunze.


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