Maxwell Investment Group (MIG) has organised an MIG Business Forum at the British Council in Accra, targeting the youth, particularly tertiary students. The theme of the forum was: 'The Impact of Financial Literacy on Post-Retirement Financial Security'.

The focal point was addressing the level of preparedness individuals have when it comes to retiring in their later years.

The forum emphasised the importance of being mindful of one's salary and saving for the future after retirement to achieve personal dreams without facing financial difficulties in one's golden years.

A key aspect discussed was the significance of insurance policies in safeguarding one's assets. 

The MIG Business Forum stressed the need for credible insurance policies to protect valuable properties such as vehicles, houses, and businesses, ensuring financial security even in the event of unexpected setbacks.

The forum underscored the monthly earnings and savings habits of individuals, highlighting a research finding that revealed over 70% of people spend their paycheck without saving for the future. 

Conversely, the remaining 30% prioritise savings and also opt for insurance policies to secure their lives and assets.

Dr Maxwell Ampong, the Chief Executive Officer of Maxwell Investment Group, expressed the organisation's commitment to educating the youth on financial management, including savings and insurance. He emphasised the importance of controlling one's finances and making prudent decisions to secure a better future.

Guest speakers, including industry experts, shared their experiences, echoing Dr Maxwell Ampong's sentiments and providing insights into effective financial planning and management. 

The overarching message conveyed was the need for the youth to understand the significance of savings, insurance, and prudent financial management to build a secure future, free from financial worries and setbacks.