Don’t Live For Retirement
Ernest Hemingway said, “Retirement is the ugliest word in the human language.” Retirement provision is something that confuses many Christians. It seems we’ve developed a mania about saving for the future! The world promotes the idea that in retirement we deserve to enjoy ourselves, and as a result, many people think they’ll need more money […]
Retirees Are Returning to Work
Retirees are going back to work. Over 2 million people retired during the first year and a half of Covid. Now, many are quietly returning. A survey of 500 retired job seekers revealed that a majority of retirees discovered that they missed community, structure, purpose, and the income. Many fear inflation and are concerned about […]
Retirement Planning
Are you thinking about retirement? The luxurious life of retirement has been sold to us over the last century as something we deserve. It’s even become accepted as norma, but it’s not necessarily normal Biblically or historically! Some people can retire and some should, but most Christians should not consider traditional retirement. We should view […]
Retiring With a Mortgage? Part 2
Are you retiring with a mortgage? More and more people retire with a mortgage. 30 years ago, only 24% of homeowners age 65-79 and only 3% of those over age 80 had outstanding mortgages, home equity loans, or home equity lines of credit. The median balance for those 65-79 was only $16,000. Those age 80 […]
Retiring With a Mortgage?
Are you thinking about retiring? Many people retire with a mortgage. Low mortgage rates, recent refinancing, or lack of resources to pay off the debt are several reasons why. A Harvard University study found that nearly half of all homeowners aged 65-79 carried mortgage debt with a median balance of $77,000. Now 1/4th of households […]
Mortgage in Retirement?
I was recently asked if it is wrong to carry a mortgage into retirement Carrying a mortgage depends on your situation. Many homeowners suffered during the Great Recession. Over 1 1/2 million homes went into foreclosure in the first half of 2010. Those who owned their homes avoided that pain. When a home is paid […]
IRA Info
Do you have an Individual Retirement Account? A listener recently asked if an IRA is considered a savings plan or an investment. My answer depends on what you do with the money. You can put IRA funds to work in the stock market through mutual funds and other investments, or in CDs and savings accounts. […]
Prepare for Retirement
American’s have a mania about retirement, and much of that is due to the fact that people aren’t prepared. A recent poll found that more than one-third of Americans are unprepared for retirement. One third of American’s don’t have retirement savings and a significant percentage of the population simply can’t afford to retire. Stewards save […]
RV Regret in Retirement
Are you dreaming about hitting the road in an RV? Not so fast! I’ve always thought that owning a recreational vehicle would be a ton of fun – especially a classic Airstream! We know people who take theirs to college tailgate parties, and others who RV with friends. Last June, Kiplinger.com surveyed retirees about owning […]
Don’t Live For Retirement
Ernest Hemingway said, “Retirement is the ugliest word in the human language.” Retirement provision is something that confuses many Christians. It seems we’ve developed a mania about saving for the future! The world promotes the idea that in retirement we deserve to enjoy ourselves. As a result, many people think they’ll need more money for those […]
