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Here is what retirement transition phase means

A phase where a) an employee gets notice to retire, b) a contractual employee begins a new contract, c) when a politician commences a new term of office, d) when an employee gives notice to resign or leave employment, e) when an employee gets notice of termination; and when a person on appointment terms gets notice of reshuffle or removal or any other form of notice.  There are many mistakes in this phase which are very costly to correct. Please a) take stock of your assets and liabilities and, where necessary, re-prioritise them; b) review your emergency fund; c) work on eliminating or minimising debt; d) review your retirement plan and make necessary adjustments; e) validate your retirement savings and investment balances; and f) follow-up any remitted funds and ensure that your retirement scheme account(s) are reconciled.

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