Ghana. Public urged to use tax reliefs to plan for retirement
The Head of Finance and Compliance at Enterprise Ghana, Yaw Kusi-Acheampong, has stressed the need for Ghanaians to capitalise on the tax reliefs government has given to plan seriously toward retirement, by engaging in additional savings.
“Plan your investments and projected income to meet your expenses by investing more, and implementing lifestyle changes to reduce cost,” he said.
According to him, many people stay healthy and active for 15 years or more after they retire, with estimates suggesting that retirees will need 70% of their pre-retirement earnings to maintain their standard of living.
Read More: Ghana Web
