Before Signing That Pension Form, Think of You at 70

The inaugural SanlamAllianz Retirement Benchmark Report Kenya 2026 found that 53% of Kenyans who left a job or closed a business withdrew some or all of their retirement savings, while 32% kept or transferred the full amount. Among those who withdrew, 65% understood the impact on their retirement and more than half later regretted the decision. A third used the money to start or support a business or farm, and 16% spent it on healthcare or emergencies. The report urges savers to protect the time their money needs to compound and check transfer options before withdrawing.