This is a follow-up to my last article about the role that immediate income annuities could have in providing additional income for someone running low on income in retirement. The focus was on Single Premium Immediate Annuities (SPIAs), a type of fixed income annuity. But there are two other types of annuities: indexed and variable. The main … Read more
My newest book, Redeeming Retirement: A Practical Guide to Catch Up, is targeted mainly at those aged 35 to 65 who are behind in saving for retirement (or think they might be). But I don’t ignore those who are already retired and discover (a little too late in some cases) that they didn’t save enough. … Read more
In my last post, I highlighted several things you can “invest” in other than money in retirement. One of them was “hobbies and recreation.” I mentioned that writing has been a fulfilling avocation for me in retirement. Perhaps you enjoy writing and may have wondered if you could self-publish a book. Assuming you can write … Read more
Since my last post, I’ve done complementary financial coaching calls with some blog subscribers. Whether as the primary topic of discussion or a related one, investing for (and in) retirement came up fairly often. Investing is an important topic. Whether you’re a DIY investor or working with an advisor, it’s good to have at least … Read more
I’m not sure when I bought my first personal finance or stewardship book. I think my first exposure as a young Christian was through Larry Burkett and Christian Financial Concepts, which he founded in 1976. That ministry merged with a well-known Christian stewardship ministry, Crown Ministries, in 2000 and became Crown Financial Ministries. Larry Burkett … Read more
I announced earlier that I would soon publish my next book, Redeeming Retirement: A Practical Guide to Catch Up. I’m excited to announce that it’s been released and is now available on Amazon in both paperback and Kindle editions! In this article, I want to tell you more about it and offer some giveaways to celebrate … Read more
I first heard Dave Ramsey use the phrase “retire with dignity.” You may know Dave for the “baby steps” he teaches to help people get out of debt so they can save and give. He uses the phrase often to motivate students on their journey toward financial peace. The idea behind the phrase is that … Read more
We discussed paying off the mortgage and home equity in the last article and how our house decisions are both financial and emotional, and very personal. There’s also a spiritual component. We want to seek God’s guidance for any major home or home-financing decisions to ensure that we wisely steward the gifts he has given … Read more
Real estate and mortgages are very much in the news right now. The market is “hot,” and long-term interest rates remain at historic lows. Therefore, lots of people are thinking about selling—perhaps to upgrade or downsize. Others want to refinance to reduce their payments or to get access to some of their equity for improvements, … Read more
