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May 2, 2024

Financials Matter

"It's Not Just About Finance"

Retirement is NOT in the Bible

The fact that we are saying that there is no direct mention of retirement in the Bible will certainly disturb some of you.

Go ahead, fact check it yourself.

 

And while you are at it, be sure to check out how Jesus spoke more about MONEY than almost every other subject.

 

Why?

 

He wants everyone to prosper AND thrive so they can use money to benefit others.

 

FACT:   If you don’t have money, you can’t give it away to help others.

 

Duuhhhh!

 

And the more successful you are, the more you can do to help others because of money’s influence.

But as far as retirement is concerned, most of us were taught the CAN method of retirement.

 

Huh?

 

The CAN method:

 

  1. Get all you Can
  2. Can all you get
  3. Then, sit on your Can

 

 

Sound familiar?

 

Unfortunately, it is a recipe for failure.

Because if the focus is all about YOU and what YOU can do or accomplish in your life from investing, then you will not see train wreck coming…until it is too late.

 

As a result, Wall Street has conditioned investors to focus on how much money they can stuff into their 401k and other retirement accounts.

Along with that they give you the false hope that the markets will constantly go up.

 

But…and this is a very VERY, Big Butt…

 

Most investors quickly forget how (in addition to the housing market collapse back in 2008) their 401k’s were quickly reduced to 201k’s.

 

Remember those days?

 

Waitresses making $30,000 a year were buying $500,000 homes with NINJA loans (No Income No Job Applicants).

 

But most of the real estate debacle – and the ensuing Wall Street collapse – can be attributed to a small group of corrupt insiders* (Cough! Goldman Sachs, Cough! Barney Frank, Cough! Hank “Tanks in the Street, Mr. President” Paulson, Cough! Cough!)

 

(*Note:  For more insight to the roles they played, type any of the above names into our search bar on our home page (HERE).

 

So, are we saying that saving for retirement is not important?

Perish the thought.

 

On the contrary, and even though the Bible doesn’t talk about retirement, there are Scriptures that advocate leaving money for our heirs.

 

 

A good man leaveth an inheritance to his children‘s childrenand the wealth of the sinner is laid up for the just.

~ Proverbs 13:22 ~

 

 

The point of this is best understood in the form of a question.

 

What is your WHY for investing?

 

And like we said earlier, if your WHY is to fulfill the CAN method, then you are following a recipe for failure.

 

Learn more about WHY and HOW you should invest in our upcoming April edition of “…In Plain English” (HERE).

 

Share this with a friend…especially if they remember the 2008 meltdown.  They’ll thank YOU later.

 

And tell them:

 

 

We’re Not Just About Finance

But we use finance to give you hope.

*********************************

 

 

 

 

Invest with confidence.
Sincerely,
James Vincent
The Reverend of Finance
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