What Your Financial Advisor Won’t Tell You About How to Successfully Reduce Your Nest Egg

The longer I maintain www.moneyhelpforchristians.com, the less money it seems like I'm going to have. From the very first days of this blog, I was open about the fact that I wanted to learn  what the Bible had to say about money (as opposed to assuming that I already knew). I used to have a simple and effective retirement strategy ... and then I had to go reading the Bible.  The result?  I … [Read more...]

Should You Have Money in a Roth IRA and a Traditional IRA?

Recently, I’ve had several email questions about saving in a Roth IRA vs. a Traditional IRA. The questions came from people who had most of their retirement savings in a Traditional IRA and were wondering if they should (1) start saving in a Roth, or (2) roll over the money in a Traditional IRA. In my replies to those questions, I’ve said that if most of your retirement saving is in a one … [Read more...]

Rethinking Retirement | Reasons I Spend Less Time (and Money) Saving for Retirement

I used to do a lot to plan for retirement.  But then I wised up. I find that as time passes I’m developing an increasing skepticism about the concept of retirement.  I definitely would say retirement is not the goal of life.  If we live within God’s calling, we should be able to work, play, and learn at all stages. I think Christians should be appropriately educated about the value of … [Read more...]

How Much Savings for Retirement is Enough?

When it comes to planning for retirement and saving for retirement every Christian investor should add a simple word to their vocabulary – enough.  The Bible seems to indicate that a Christian who neglects an I-have-enough attitude is considered a hoarder.  The danger of hoarding is that it can direct our attention away from God. 16 And he told them this parable: “The ground of a certain rich man … [Read more...]