The short answer is no, not if you practice it based on tried and true principles of Biblical stewardship. In fact, “stewardship” and “fool” together in the same sentence is an oxymoron. But it can be foolish to take anything – even something that is part of wise stewardship, like saving for retirement – to … Read more
This article is the fourth and final one in a series about the most important thing you can do in different stages of life to be able to “retire with dignity.” Well, you’re finally there. You’re getting into your 60s, or maybe you’ve been there for a while. You’ve been working, saving, and investing for 30 … Read more
This article, the third in a series, is focused on those in their 40s and 50s. If you’re younger than that, you may want to take a look at the first two installments, what to do if you’re in your 20s and 30s or your 30s and 40s. The ten or twenty years before retirement … Read more
On this blog, I provide a checklist of things you can do during different stages of life to “retire with dignity.” In this article – the first in a series of four with each focused on a different stage of life – I will discuss the most important thing you can do when you’re in … Read more
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
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 wise wager. Granted that faith cannot be proved, [and I would add … 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
