How to retire in style! Former high school teacher, 74, talks about his fortunes post retirement

How to retire in style! Former high school teacher, 74, talks about his fortunes post retirement

-Retired high school teacher explains how he became rich post-retirement

-The father-of-12 makes Ghc421k a month from different streams of income

- His advice is to plan for your retirement in advance, and here is exactly how he did it

A 74-year-old retired high school teacher has never regretted going into retirement. One could argue his life changed for the best. What was his top secret?

Joram Tibasiimwa, a graduate of Makerere University and veteran Chemistry teacher, is now a millionaire. His monthly income staggers at around Ghc421k.

“I am now 15 years into retirement. I am grateful that I have something to do to keep me busy. It is dangerous when retired person has nothing to do,” says the father-of-12 and grandfather of eight.

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How to retire in style! Former high school teacher, 74, talks about his fortunes post retirement

Joram Tibasiimwa picks tea from his farm in Bushenyi District recently. The former Mbarara High School head teacher retired 15 years ago. Photo: Zadock Amanyisa

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Just before he retired in 2002, Tibasiimwa, an ardent soccer fan who also doubles as church leader, borrowed Sh 1 million from a friend and bought land, which he invested in tea plantation.

“Over the years, I increased the plantation to 28 acres by buying more land and planting more tea,” he says, adding that he also opened a retail shop, which he runs with his wife, and developed rental houses.

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In addition, Tibasiimwa ventured into bee keeping, cattle farming, and crop farming including a banana plantation. He even owns a forest.

Life has never been the same again after retirement. All it took is a meticulous planning for the retirement.

Tea Plantation Worker in Uganda

Source: Yen.com.gh

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