Financial security of tutors in Ghanaian colleges of education; a pre-retirement and post-retirement analysis

Figures & data

Figure 1. Conceptual Framework for steps towards retirement planning. Steps Toward Pre-Retirement Planning.

Source: Authors’ own construct (2022).

Figure 2. Diagrammatic representation of a worker’s life cycle and phases of retirement planning. Life cycle of a formal sector worker and the phases of retirement planning.

Source: Adapted from Okai (2009).

Figure 3. Do tutors owe houses for accommodation after retirement?. Response on whether tutors own houses for accommodation after retirement..

Source: Fieldwork data (2022)

Table 1. Response on how tutors intend to meet their accommodation needs after retirement (n = 54).

	Multiple response		Rank
Approach	Freq	%
Build a house before retirement	31	40	1st
Home finance through mortgage or outright purchase	23	30	2nd
Stay in a family house	18	23	3rd
Rent	5	6	4th
Total	77	100

Source: Fieldwork data (2022).

Table 2. Types of healthcare insurance policies or schemes taken by tutors (n = 54).

Other health insurance policy or scheme	Multiple responses		Rank
	Freq (n)	%
National health insurance scheme	54	79	1^st
Ghana Life Health Insurance Scheme	11	16	2^nd
Healthcare extended to retirees under SSNIT	3	4	3^rd
Total	68	100

Source: Fieldwork data (2022).

Figure 4. Can investment in the kind of healthcare insurance scheme satisfactorily meet post-retirement healthcare needs? (n = 54) Response on whether investment in the kind of healthcare insurance scheme can satisfactorily meet post-retirement healthcare needs.

Source: Fieldwork data (2022).

Okai, E. (2009). Preparation for retirement: A case study of the staff of University of Ghana,Legon [Unplished MPhil thesis]. University of Ghana.

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Data availability statement

Data generated in support of the study results is referenced on the paper but will be made available when requested for by corresponding Author.