“I’m not as young as I used to be, but I’m not as old as I’m going to be.” I can remember my grandfather telling me this many times with a big laugh and plenty of personality to go along with it. I smile even now when I think about it, as a forty-one-year-old. The same can be said for each one of us. We’re not getting any younger.
Whether you stumbled upon this article as a young twenty-something or you are entering into your “young-at-heart” years, you are never too young or too old to think about a retirement plan.
Retirement is eventually likely for all of us, yet many of us enter retirement unprepared. Almost a third of Americans 50 or older are saddled with non-mortgage debt, according to the Health and Retirement Study from the University of Michigan Retirement Research Center. According to the 2017 Retirement Confidence Survey, about 24% of workers (and fully 21% of retirees!) said they had less than $1,000 saved for retirement. A whopping 55% of workers and 38% of retirees had less than $50,000. American are accumulating more debt and retaining it longer than ever before. These realities make it even more important for Christians to approach retirement with some intentionality.
So, how should Christians approach retirement? What are some practical things to start implementing today?
Here are 5 effective ways to approach retirement:
Photo Credit: Pexels/Roman Carey