On this blog, I often delve into specific practical areas of retirement stewardship. My goal is to simplify seemingly complex financial topics so that you can make sense of them in your own life. This topic is one of them. Not long ago, a friend whose family income is somewhat seasonal asked about paying off … Read more
Whether you’re just starting out in your 20s or 30s or are getting close to retirement, Dave Ramsey has a lot to say to you about saving and investing for retirement. In fact, my involvement with Dave and Financial Peace University (FPU) and also his Financial Coach training program were some of the main inspirations behind my … Read more
This article is part of the Biblically-Informed Framework for Retirement Stewardship (BIFRS). A few years ago, I came across this quote by Blaise Pascal, a French mathematician, philosopher, and scientist who lived nearly four centuries ago and who became a devout Christian and defender of the Faith (comments in brackets are mine): Belief is a … Read more
You are probably familiar with the Bible story about Joseph. His interpretation of Pharaoh’s dream told of a seven year famine that was about to come upon the whole world. It also told of a seven year period of abundance and prosperity that would immediately precede the famine. Joseph was given the responsibility to gather … Read more
The financial nerds out there may like this article as it is going to get a little “technical”. It’s also a little long. But that’s mainly due to the nature of this subject, so I hope you bear with me. In an earlier article, I cited a study by The Center for Retirement Research (CRR) … Read more
In my recent series of articles about what to do if you think you are behind in saving for retirement, I reviewed some of the current thinking about retirement savings targets based on your pre-retirement income. That raises an important question. If you decide that you want to try to have a certain amount by … Read more
If you’re in your 20s and perhaps just out of college or in your first “real” job, you may be thinking, “So, what exactly does all this stuff about retirement stewardship have to do with me? Isn’t this really only important for older people who are getting close to retirement?” Well, the short answer is a big … Read more
