The older I get, the more critical simplification becomes to my wife and me, especially with our finances. You don’t need me to tell you that we live in a highly complex world. Every decision we make, especially those related to our finances and retirement planning, seems pretty complex (or we tend to overcomplicate them). … Read more
Many financial planners, advisors, and especially retirees are wary of annuities. They cite cost, complexity, loss of liquidity, under-performance, and other factors as their primary concerns. In many cases, their concerns are warranted. Yet many retirement planning professionals, academics, actuaries, and economists—i.e., a bunch of really smart people—regularly encourage consumers to consider a particular type … Read more
As we discussed in the first article, AI technologies are rapidly becoming part of normal life. They are also revolutionizing industries and reshaping how we work, live, and even plan for and live in retirement. You could consider this a part of God’s common grace, and I think it is. The problem is that humans … Read more
In case you haven’t noticed, a technological revolution is unfolding before our very eyes. It may feel like it snuck up on us, but it’s been around for a while. I’m talking about the rise of artificial intelligence (AI), which could become one of the most transformative and disruptive technologies of all time, perhaps even … Read more
This article is part of the Retirement Financial Life Equation (RFLE) series. It was initially published on April 9, 2024, and updated in 2025. Many people focus solely on their own retirement benefits when considering Social Security. However, it’s crucial to understand the significant role Social Security spousal and survivor benefits can play in retirement … Read more
We’re now in Holy Week. It’s the season on the church calendar when the profound significance of Easter and what it means to us as Christians are at the forefront of our thinking and are in our hearts: the crucifixion, resurrection, and ascension of Jesus—the forgiveness of sin and triumph of life over death, light … Read more
It’s that time of year again: income tax time. And I can’t be sure, but I think many retirees are generally more concerned about taxes in retirement than when working. I’m no different than anyone else; I don’t enjoy withdrawing from my retirement savings, handing some of it to the government, or having them take … Read more
There are many good things about retirement. Some examples are more free time and greater flexibility in how we spend our time, less stress from work pressures, and more opportunities to give of our time, talents, and treasure, to name a few. These are all “good” in that they add fun, fulfillment, and joy to … Read more
In some previous articles, I’ve discussed longevity risk, withdrawal rates, and Dave Ramsey’s 8% withdrawal rate recommendation. These topics can quickly get mind-numbingly complex. The financial side of retirement has a lot to do with the math; it’s a big math problem we need to solve as best we can. We do this thoughtfully, humbly, … Read more
