VACC Celebrates International Day of Older Persons with Focus on Retirement Fund Management

Winneba:The Vibrant Aging Community Center (VACC) commemorated the 2026 International Day of Older Persons by emphasizing the need for efficient retirement fund management. Financial analyst Joe Jackson advised older adults to protect their pension benefits carefully, noting that retirement could extend for up to 30 years, necessitating prudent financial management.

According to Ghana News Agency, Jackson addressed about 150 attendees at the event held at VACC in Winneba. The global theme for the day was 'The Age of Longevity Rethinking Systems for Longer Lives,' while locally, VACC focused on 'Intentional Care - Preparing Intentionally for Longer, Safer and More Secure Lives.'

Jackson shared financial advice, cautioning against risky investments and unnecessary spending. He also stressed the importance of continuing to earn income, avoiding excessive family expenditures, and having a designated person with Power of Attorney to manage finances in emergencies. He recommended diversifying investments, suggesting Treasury Bills for their safety.

The event featured health screenings, presentations, and community activities, attended by families, leaders, and guests from Accra, Swedru, Apam, and beyond. Professor Francesca Colecraft Dwamena, CEO of VACC, highlighted the changing dynamics of aging in Ghana, encouraging a shift in perception from decline to engagement and purpose.

Prof. Dwamena noted the growing number of older people in Ghana and the evolving family structures, challenging attendees to reconsider traditional elder care methods. She emphasized the importance of proactive planning to prevent crises in elder care.

Neenyi Ghartey VII, Paramount Chief of the Effutu Traditional Area, underscored the role of traditional leadership in elder care. Dr. Esi Ansah from Ashesi University discussed elder rights, advocating for constitutional recognition of the rights of persons over 60. Dr. Peter Adu Asante from Winneba Municipal Hospital highlighted safety measures for older adults, stressing the importance of preventing falls and maintaining health through a balanced diet and regular eye check-ups. The event gathered community leaders and partners to discuss these critical issues.