SoC01 Rethinking retirement planning

mshamba mchangamfu · 2021-07-18T13:39:47+00:00

Down the memory lane did you ever play those child-playing marbles in your heydays? This game used to sharpen our geometry skills as we tried hard to position ourselves to a point where we would knock the opponent marble and be able to go into the ring. Now this story isn’t about marbles though I want you to remind yourself how much one used to cost? (if you never grew to this marble craze era you may ask the elders won’t cost you a dime). Somewhere in Morogoro a retiree pocketed his 60 million of pension after spending 30 years teaching, this was the time for him to live a happy life away from that of preparing lesson plans, he met a young man who would make him live the life he was now desiring after his part building this nation, he talked him about jam stones dealing and other valuable stones he introduced him to other swindlers who he would by those stones from greed took the best of him only to find out that he was sold two bags of child playing marble for 60 million shillings, the police were only able to retrieve 15 million later even a stingy to 7 swarms would compare to the pain he went through mind you a swarm can take up to 12,500 bees. This isn’t a story of one retiree only a woman at 62 was diddled by the soft-spoken network marketing dudes, she was once invited by a co-worker to meet this guy, he was always in suits either in a dark blue or black one and always accompanied by ladies in high heels and short skirts he was always with his laptop bag and the ladies that accompany him always had bags with stuffs that he used to demonstrate he seemed a man who is doing well in life, and he always bragged about that, regardless the time you meet him you will always have to greet each other good morning their company was el imperio donde nunca se pone el so at least somewhere in their territories it was daytime she felt overwhelmed being part of something this big she only used be a nurse she always knew there was a nice working night shift somewhere but never had that feeling of being a part of a greater course the man spoke about the binary multi-level marketing system were you only needed two people then the other additional members from the two will be placed on your tree, and you will be benefited from that she invested 5 million in this upshot of the story she never recovered a cent a portion of her pension was just lost like that. This story isn’t about scams and swindlers but there all over once I watched in news RC (regional commissioner) of a certain upcountry region handling 95 million to three retirees who were scammed by a loan shark, how do these loan shark knock to retiree doors then and scam such easily? This always starts with the delay in pension payment a retiree with no means to feed his family or will anything approach this man let’s call him Tony (sorry any Tony out there, but this name looks good for a loan shark) this beer bellied young man whom math seems to be a piece of cake to him will come with this calculation that a retiree won’t understand will just nod his head meaning that is into it until comes that part we will give you 10 million at 50% interest and a penalty will be 20% sign here if you agree on this terms then a retiree will agree all hardheartedly as we all agree to those cookies in the websites after that Tony will smile that’s smile which asks do you want the money transferred into your bank account or cash ? This thing does end up with retiree queuing to DC and RC offices seeking for justice after various attempt trying to rob their life by drinking crushed glass bottles or hang their neck on the fan inside their rooms, it has to be the fan since there ashamed and can’t do that outside to a tree and distract further shadow showering on that tree in future One will be curious to ask how do people plan their retirement then, if you had a chance to ask 100 retirees or those who are about to retire, 60 of them will tell you this they need fresh air out from the chaos they had lived to for all their working age, a life in village would mean that a few acres in his or her position. Cows to provide milk when you get old milk becomes important and the surplus can be sold for cents without forgetting rearing chickens for warm welcome dishes and take away for those visitors especially granddaughter and sons and if pennies are still enough in the pension pot a pickup and a tractor will be on the list but failure to these fantasies as always have an 80% chance how do things go wrong despite seminars workshop and retirement holidays. Retirement planning in 21st century can take a different shape on of it can be return to ship it's done but doesn’t have that beautiful face in Tanzania it looks ugly and when it smiles it scares people, it has a dental formula that is selective it’s only the incisors (top management) usually are returned and the molar grinders, chewers and the canines rippers are left out, this would help those who don’t want to divorce their professional or don’t have the passion to try business or any other form of duties retiree do take seconding this is internship program that will give the retirees a guided period of exploration a handy one that will engage them in understanding branding and finance and investment philosophy this internship should be tailor-made one can intern in a supermarket since he thinks he has to open on after retirement on can also try to intern in farming or livestock keeping this will be helpfully unlike the seminars and workshop that only happen for a day or two and one goes out with the memory of how the sambusa served were good and the aroma of the fresh coffee. Unlike youngsters’ retiree mostly has dependents once you dig a hole for one the dependent will fall with him, and it ends ups being a hole for seven. I was taught in BMG101 (that business management course code) that an idea has to path through SWOT analysis for those who hates homework this is the one that you are not forced to take, and you will be given all marks with the word Fantastic written, back again the memory lane did you ever win bets when it came to counting the number of goods, excellent and very good you had in the exercises books with your pals? I won some of those but was never in mathematics.

Thread starter mshamba mchangamfu
Start date Jul 18, 2021

Stories of Change - 2021 Competition

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SoC01 Rethinking retirement planning

mshamba mchangamfu

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