DOUGH: Retirement 2: Financial Tactics
Abrahams Wallet27 Apr 2022

DOUGH: Retirement 2: Financial Tactics

In their last episode, our hosts tackled the Biblical/theoretical concept of retirement, and whether it’s good or not (it is). Mark Parrett and Steven Manuel now finish their one-two punch on retirement with this conversation about tactics (11:20): How do you know when your pile of money is big enough? Is it okay for retirees to take out new mortgages? When should you bring your children into your full financial picture and plan? What if you feel “behind” in your retirement savings? (28:30) At what age is it “too late” to open an IRA? How does Social Security plan into this conversation? (35:00) Could you retire early and still get SS benefits? What if you wait later to collect? Does that number go up? Also, what can retirement age look like for someone who pastors and disciples young men? (45:00) And what about long-term medical care or hospice? And don’t miss the Snappy Review of the entire episode at 54:20! …but first, an important analysis of praise flags and hype men.

Resources discussed in this episode include:

The Just Thinking podcast

Talk to us on the Abraham’s Wallet volley channel

Enroll in our “Draft a Family Vision in 3 hours” course

Social Security website: ssa.gov

Episoder(341)

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Own Nothing

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Hold Up On That Offering Plate

Hold Up On That Offering Plate

Have you relied on your local church to teach you everything about what the scriptures have to say when it comes to money? Odds are you’ve found a great starting point, but that you’ve missed some critical pieces of the puzzle. View the original post here!

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All Debts Good and Bad

All Debts Good and Bad

So you’ve budgeted your heart out. Nice work. And you are spending less than you are earning. Enthusiastic high five! And your budget has revealed to you that you previously thrown off cash like a Kardashian jettisons marriages (We’ll be here all night! Try the shrimp!)? Womp womp. The result of your former ways may very well be (in fact, statistically speaking, almost certainly is…) the American Dream-maker… DEBT! Or you may have mountains of debt and framed papers on your wall to show for it. Or perhaps a lovely 4 bedroom craftsman-style home, replete with open concept kitchen remodel with bleached faux barn wood flooring. Regardless of how you got here… shall we consider how to deal with debt? (Yes, let’s!) You can find the original blog post for this article here!

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Budgeting 101

Budgeting 101

The explicit goal of this website is to equip YOU to be capable and confident of stewarding more (more children, more disciples, more money, etc.). As illustrated in our fabulous, touching, soon-to-be-award-winning Abrahamic drama above, he who cannot give an account of how he has managed what he has should NOT be entrusted with more. (Big definition coming up, get ready…) A BUDGET is a tool for planning and monitoring the financial assets and income streams with which we have been entrusted. See the original blog post here!

8 Mai 201913min

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What is Abraham’s Wallet

Welcome to the Abraham’s Wallet podcast! In this show, we are turning the written content from the site into audio content for those gents who love what we’re doing here but aren’t all that into reading words on a screen. So, listeners rejoice – you can now bone up on how to run your home and dough like a Biblical Boss, while you also fold laundry, exercise or groom your chinchilla. In this, episode number one, we explain what it is that we’re out to accomplish here at Abraham’s Wallet.

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