Retirement Savings Options For Ministers
Whether or not you ever want to stop working, it is important to plan and prepare for retirement just in case your health or your spouse force you to slow down at some point. A lot of people say that…
Tag investing
Should You Invest in a 403(b) with High Fees to Have a Housing Allowance in Retirement?
Pastors who save into their church’s retirement plan are eligible to withdraw some of that money as a tax-free housing allowance in retirement. It’s a great benefit to have. Unfortunately, a lot of church retirement plans have investments with higher…
Should I Invest My 403(b) (Or IRA) In A Target Date Fund?
This post mentions some specific investments. They are only examples and not an endorsement of those investments. Perhaps the most difficult, or at least most intimidating, thing about saving for retirement isn’t finding money to set aside, but rather choosing…
11 Free Technology Tools To Help You Conquer Your Finances In 2022
Today’s post is written by Chris Wells, a CERTIFIED FINANCIAL PLANNER® professional and Certified Kingdom Advisor® who works with pastors and Christian families to help them make healthy financial decisions and become wise financial stewards. His firm, Flourish Financial Planning,…
The 4 Most Important Retirement Planning Decisions Ministers Need to Make
This is a guest post by Chris Cagle, author of RetirementStewardship.com and The Minister’s Retirement book. I recently published a book review on his book and it got such a good reception that I asked him to write something specifically…
How Do You Save For Retirement Without A Workplace Retirement Plan?
How much do you have saved for retirement? Do you think it will be enough? A quarter of American adults have absolutely nothing saved for retirement. This is why you may have heard talk of our nation’s retirement crisis. Most…
5 Practical Steps To Take In Light Of The Crazy Markets And Coronavirus Panic
As you have likely noticed recently, our world is currently in an upheaval. We just had our worst week in the stock market since 2008. The historic bull market that we have been enjoying for the past 11 years is…
What Is Faith-Based Investing? (And Should You Do It?)
When you think of investing, you probably think of trying to grow your money as much as possible without doing anything too risky. That is what investing has traditionally focused on; growing money. However, things are changing. Our culture has…
Compound Interest: Your Best Friend Or Worst Enemy?
Sometimes in life, your greatest strength can also be your greatest weakness and your biggest disadvantage can also be your biggest advantage. Take Peter, for example. The same boldness and tendency to speak before thinking that caused Jesus to rebuke…
Is The Sky Really Falling? The Truth About What Is Going On With The Markets & Economy
Today and tomorrow people all around the world are celebrating the fact that the creator of the universe found it worthwhile to come to Earth in human form to give us a chance at a relationship with him. In…
How Rising Interest Rates Affect Bonds & What You Should Do About It
Interest rates are going up right now, and that will affect anyone who owns bonds or shares in bond mutual funds. Why is that, and what should you do about it?
Reader Question: What Should A Mobile Pastor Do With Extra Income?
Dear Pastor’s Wallet, My only debt is my mortgage, a 30/5 ARM with 23 years remaining. I am saving 15% of my pre-tax income toward retirement, have an emergency fund and am saving towards large expenses like my kids’…