5 Steps To Retirement Planning For Young Adults

“Will I have enough for retirement?” is a very difficult question to answer.  Last week I left on a low note by introducing you to the 7 retirement factors you cannot control.  I guess it was probably a little discouraging.  However, I am not advocating you simply throw up your hands and ignore retirement planning.  I am suggesting that the process should be simplified and your time commitment to … [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...]

How to Become an Accidental Millionaire

In this blog I have never really provided much information on how to build wealth like crazy.  I guess I’ve never really jumped on the build-wealth-like-crazy bandwagon.  But, today I'm going to show you how easy it is to become a millionaire.  In fact, I'll show you how to become a millionaire by accident. Earlier this year on his radio show Dave Ramsey asked something like - Why are we so … [Read more...]

Christians, Retirement, and the Bible

Retirement planning. IRA’s, 403(b)s, 401Ks, dollar cost averaging, mutual funds. There is a plethora of topics related to retirement. There are blogs, websites, and financial calculators to help with the process. Since the very earliest posts on this blog, I have made it my goal to think critically, evaluate motivations, and establish the true biblical teachings associated with many … [Read more...]

Cost of Living Increase | Thriving Without One

As Bob at ChristianPF reported, this will be the first year since 1975 since the Social Security Administration will not be adding on a cost of living increase.  In addition, there are numerous companies who are not offering cost of living increases.  This really is not much of a shock considering the events of the last 18 months.  One sign that the economy is recovering is that people are now … [Read more...]

Retirement Planning for Christians: Part II

Should A Christian Save For Retirement? If you missed Is it Biblical to Save for Retirement? Part I you can read it here. Did Jesus save? Most Bible scholars agree that Jesus probably did not have an IRA or RRSP.  Yet, Jesus did save money.  I define saving as not spending money now so those funds can be used for a future expense. Saving involves discernment.  Savings happens when we say I … [Read more...]

Do You Need a Financial Advisor?

My financial adviser is a great guy - real smart too. But, over the time frame  of a couple of years I started feeling less and less comfortable about the investing partnership.  So, in early 2008 I jumped into the driver's seat.  I moved all my funds into a self directed account at TD Ameritrade, and with the guidance of the Sound Mind Investing Newsletter,  I took control of my investing.  … [Read more...]