Pension Payments cannot Sustain a Retiree in Nigeria: Leadway Financial Advisor Declares
- Bayo Adetu
- August 7, 2025
- BUSINESS, NEWS
- 0 Comments
One of Leadway Assurance Financial Advisor, Mr Ojo Stephen Olumide has categorically said that reliance on Pension payments after retirement cannot sustain a retiree in Nigeria coupled with increasing inflation rate and unforseen contingencies. Furthermore, a proper investment plan is needed for each family with respect to planning towards projects, comfortable retirement, family welfare and kids education.
In a comprehensive interview with Onspotnewsng he explained the following investment options available for all Nigerians both within Nigeria and in the diaspora;
1. We have Customer Comfortable Retirement Plan: This is when a policy holder secured a plan to meet certain future expectations in order to enjoy retirement. If you desire to have a bulk amount of N50M when you retire for example, breakdown of monthly amount will be calculated and advised based on your convenience.
The sum of N50M will be paid to you upon maturity or paid to your named beneficiaries in cases of Demise, Critical Illness Cover, Permanent Total Disability
Idle funds are best made to function with this investment option
It makes policy holder to look forward to retirement rather than seeing it as a burden
It is an high interest investment plan
It is a zero risk investment plan
The time value of the investment increases thus, meeting expectations
This give your money more value than a Pension paid in piece meal and much more less value.
Useful for planned capital project
It is perfect to augument Pension
It makes the planed purpose of the investment come to reality without headaches
The investment certificate can be used as a supporting document for mortgage objective
2. Education Target Plan (ETP): designed to fund your kids University Education only.
Helps to ensure you kids University fee are paid without stress
Guarantees that with or without your presence, the kids are taken care of.
Removes the burden of looking for money or borrowing to pay school fees
The premium paid has increasing value and will be much valuable to meet the targeted education purpose.
It is a zero risk investment plan
The value of your investment plan towards the education purpose is sustained
Creates a peaceful family life
The essence is to ensure your children finish their University education with ease through this plan either if death occurs, Critical Illness Cover or Permanent Total Disability.
3. Education Target Plan Plus (ETPP): This plan creates flexibility for parent to fund the education of their kids across all educational stages.
For a 9 years plan for example, payment will be received every 3 years in lump sum till expiration. For the 12 years plan, payment will be received every 4 years will expiration, while for the 15 years, payment will be received every 5 years till expiration of the investment plan.
Payment sequences are 25%,25% and 50%. In a situation where the Policy holder dies irrespective of whether 25%, or 50% of the total sum have been paid, 100% will be paid to the named beneficiary.
This also ensures your family remain in good condition without depending on anyone for continuation of education
It creates a balance education plan and give peace of mind to the parent
The essence is to ensure your children finish their education with ease through this plan either if death occurs, Critical Illness Cover or Permanent Total Disability.
The flexibility helps parent to plan for effectively without stress
It is a zero risk investment plan
The value of your investment plan towards the education purpose is sustained.
4. We also have Savings/ Investment called Leadway Investment Plan (LIP):
This is another investment option that gives policy holder the option to invest a specific sum of money with a projected return.
It is a long term investment plan with high yield
For example, an investment of N5m here in 20 years will give you a return of N63M (Sixty Three Million Naira Only)
If you invest N100M under this investment plan for 5 years, you will get additional N80M making maturity value to N180M payable to you if still alive or named beneficiary.
It has zero risk
It helps secure a better future for you and your family
The return on investment is good for future plans
Idle funds are best made to function with such investment
If death occurs, the investment remains valid and given to names beneficiaries.
Don’t risk the lives of your love ones by not choosing at least one of these plans. Tomorrow is not guaranteed only well structured investment plan like these aforementioned ones make the future worthwhile
✍Kindly send him an email on stevensonojo@gmail.com for more enquiries or Call/Whatsapp +234-8100089497 to book an investment with Leadway Assurance.
