The Deputy Lead Ecosystem Orchestrator at Access Pensions, Adaeze Raji, stressed the importance of striking a balance between risk and return when building a retirement portfolio.

Raji said, “The most important thing is balancing your risk and return scale. This is particularly relevant when looking at stocks and bonds. When you are thinking about investing towards retirement, you can be conservative, meaning you have a low-risk appetite, which implies balancing investments between variable income and fixed income instruments. Alternatively, if you have a high-risk appetite, you might lean heavily towards high-yielding investments like equities.”

She also encouraged participants to diversify their investments and seek financial knowledge, saying, “Seek instrument diversification to limit downside risks, obtain some exposure to USD assets to mitigate the impact of exchange rate weakness, and consult a good financial adviser.”

She highlighted the value of creating a diversified portfolio, explaining, “Assets are not just stocks. If you earn your income in your local currency, it makes sense to always include exposure to assets in stronger or reserve currencies.”

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