Courses needed so people can cope with retirement

Retirement is a big milestone in one’s life and many people, having worked for more than 25 to 35 years, are not emotionally or financially prepared for it. The mandatory retirement age for civil servants is 60 years.
A load of mixed emotions accompanies the retiree who is fearful of how he is going to manage his life after the loss of a fixed monthly income.
Some have housing and car loans to settle and must continue paying for the education of children. Some will have to find alternative jobs.
Civil servants have their monthly pension to help them. Civil servants are given a gratuity, a once-in-a-lifetime sum of money, for their service to the civil sector on the day of their retirement. 
They also receive reimbursements for medical costs and a pension card that enables them to enjoy travel and other discounts.
But pensioners must be prudent with their finance. Some have lost their gratuity after investing in “get rich” schemes and poor ideas.
Pensions have also been stopped for those declared bankrupt, sentenced to jail or who have foreign citizenship. Retirement is not the end of one’s life. It is a new beginning away from the hustle of working life.
Samuel Yesuiah
The Star Malaysia/ANN