Keep abreast of your plan
If you are leaving your place of employment, don’t opt to receive your accumulated pension savings in a cheque; you need to maintain this money for your future retirement income. You can either leave it in your workplace plan, or transfer it to another approved retirement fund. Understand the operation
If your initial calculations indicate that there will be an income shortfall from your retirement fund, you may have to contribute to your pension plan for an extended period. You could postpone your dream of early retirement, or start a business that can create income in your senior years.