Some retirees don’t love being asked how they’re spending their time. They were accountable for their time while working, so having to “give an account” in retirement feels a little uncomfortable, even in informal conversation. Still, people are curious. Or they’re just making polite retirement chit-chat because they have absolutely nothing else to talk about. … Read more
Ask a roomful of retirees what keeps them up at night, and you’ll hear the same answer from many of them: running out of money. Not death, not illness, not nothing to keep them busy—money. The technical term for this is “longevity risk,” but a less technical, more common term for some is FORO—”fear of … Read more
This article is part of the Biblically-Informed Framework for Retirement Stewardship (BIFRS) series. In this article, we’ll explore Tier 3 income. This variable, self- or advisor-managed layer sits atop your guaranteed income (Tier 1: Social Security, pensions, annuities) and semi-stable income (Tier 2: bonds, dividends, TIPS). It’s the most flexible part of your retirement income, … Read more
If you’ve spent any time around Christians who take money seriously — especially pastors, teachers, deacons, and writers like me — you’ve noticed something: we really love the word stewardship. We put it on book titles and seminar banners. We name giving campaigns after it. We work it into sermons, small-group discussions, and financial-planning conversations. … Read more
I’ll admit that retirement planning is serious business. Scripture, faith, wisdom, stewardship; plus sequence of returns, required minimum distributions, Social Security optimization strategies—there’s no shortage of weighty topics to wrestle with, and we wrestle with them regularly around here. I’m still working on the “Biblically-Informed Framework for Retirement Stewardship” (BIFRS) series, which will probably take … Read more
This article is part of the Biblically-Informed Framework for Retirement Stewardship (BIFRS) series. In the previous article, we explored Tier 1 Income—your guaranteed, lifetime income floor from Social Security, pensions, and annuities. This foundation is the bedrock of a sustainable retirement, providing income you cannot outlive, regardless of market conditions. We now move to Tier … Read more
After almost ten years of writing about retirement stewardship—this blog and four other books—I’ve written a book about living and planning for what comes next. If you’ve followed this blog for any length of time, you know that I write about retirement from a particular angle. It’s not just about the numbers—though the numbers matter—but … Read more
This article is part of the Biblically-Informed Framework for Retirement Stewardship (BIFRS) series. In the previous article in this series, we explored retirement income and its three-tiered structure. We established that income is arguably the most critical component of the Sustainability Principle, which is the idea that your retirement will be financially sustainable when your … Read more
This article is part of the Biblically-Informed Framework for Retirement Stewardship (BIFRS) series. I remember when I received my last paycheck from my employer in 2018, I felt an odd mix of emotions. I was excited about what was to come (I was going to finish my first book and do lots of other things … Read more
