As I shared in a previous article, I decided to retire from my full-time paid position a few weeks ago. I will do an article about how my “transition” to retirement is going and what I am up to in a future article. In this post, I want to share the main lessons I have…
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Home Equity and Your Retirement
Owning a house is a great thing. Mostly because we all need a place to live, and if you are fortunate enough to own your own home, you are truly blessed. Actually, among the developed countries in the world, a relatively large percentage of people do own their homes. The most recent statistics for the…
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Finding Balance in Retirement Stewardship
In a recent chat with a younger friend at church, he expressed a desire to find the right balance in his retirement stewardship. He didn’t use that phrase specifically, but that’s how I understood him. He was talking about his financial resources in general, but planning and saving for retirement is part of that equation….
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Can You Retire? Part 2: Your Income
In the first article in this three-part series on financial planning for retirement, I introduced an approach for answering the all-important question, “Can I retire?” The article focused on the first step: Calculating your essential living expenses in retirement. In this article, I am going to discuss the second major phase of the process: Identifying…
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