Retirement planning is no longer a distant concern but an urgent financial necessity, as rising inflation, a weakening naira and the soaring cost of living continue to erode incomes, savings and long-term financial security.

The reality is becoming increasingly clear AS waiting until the final years of a career to prepare for retirement may no longer be enough.

Financial experts say the difference between a comfortable retirement and one marked by financial hardship often comes down to one simple factor, starting early.

Speaking at a one-day media training workshop organised by Leadway Group on the theme, “Building Financial Wellness: The Role of Retirement Planning,” Rahinatu Omolamai, head of Personal Pension Plan at Leadway Pensure PFA, urged Nigerians to see retirement planning as a lifelong financial discipline rather than an exercise reserved for workers nearing retirement.

According to her, today’s economic environment has fundamentally changed how people should think about their financial future.