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Yvonne’s Retirement Plan Takes Shape

She managed to access some agricultural assistance after attending the Retirement Expo that was held at the Downtown Boulevard in April last year.
20 Apr 2019 16:23
Yvonne’s Retirement Plan Takes Shape
Yvonne Brackterfield.

In October 2017, Yvonne Brackterfield purchased six acres of forest land in Davuilevu with the intention of starting a farm once she retired in 2022.

Last year, she attended an awareness session conducted by the Member Education and Advocacy team at Westpac and was motivated to get things started on her farm instead of waiting until she retired.

How it all started:

In her one-on-one discussion with Fiji National Provident Fund’s Member Education and Advocacy Team Leader Mataiasi Daula- ko, she was advised to start work on the land because it could generate additional income which could be then be used to increase her FNPF contributions.

Ms Brackterfield was also told that she would be able to get assistance from financiers while still working and by the time she finally retires, the farm would be established with a steady income stream in place.

She managed to access some agricultural assistance after attending the Retirement Expo that was held at the Downtown Boulevard in April last year.

She was also advised that even when she retired, she could still rely on the income from the farm and her pension could then be directed to savings and used only when needed.

That was all the motivation she needed.

“I proceeded on medical leave on May 18 and as the medical leave stretched into the second month, boredom set in, so I called on a girlfriend, Mrs Amali Chung to assist me in starting the farm.

“The land had to be cleared so once we acquired the services of a digger to clear the land I would spend my days sitting on a hilltop supervising the digger.

“I did the same when the crop planting started. It’s now seven months since I put the first crop in the ground.

“I have sold rourou, cucumber, Chinese cabbage and I’m now waiting for my first major harvest of ginger, dalo and cassava shortly.

“I now have surplus funds to cater for my increased FNPF contributions. I should be set for retirement and now looking forward to that day.”

About the FNPF presentation

Now she is well on her way towards achieving her retirement goal and was grateful for the awareness session last year, which spurred her into action.

“The FNPF presentation that afternoon also focused on the need to have money to sustain your living after you retire.

“The presentation was put together on real life experiences and stories and it was my responsibility to prepare for retirement

“Retirement is a reality and as you near that golden age, you need to save for your retirement. Talk to FNPF, attend FNPF forums and retirement Expos to fully understand what is available and get the best advice on your FNPF funds.

“You will be well equipped to make the right decision – just as I have.

“Thanks to FNPF for giving me that push to go in this direction. I am actually looking forward to retirement now.”

Feedback: maraia.vula@fijisun.com.fj

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