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What are the 7 best things for retirees to spend their savings on?
Season 6 Episode 365
Are you concerned about how to wisely spend your retirement savings while honoring God? Ralph Estep Jr. addresses this common dilemma by exploring the seven best ways Christian retirees can manage their finances for meaningful impact. From giving back to God through church and ministries to investing in the next generation, Ralph emphasizes the importance of balancing personal enjoyment with responsible stewardship. He shares a compelling case study of a retired couple navigating these choices, illustrating how they allocated their resources to reflect their values. With practical tips, scriptural grounding, and a focus on the best things for retirees to spend their savings on, this episode provides valuable insights for anyone seeking peace and purpose in their financial journey during retirement.
https://www.askralphpodcast.com/best-things-for-retirees/
Podcast Timestamps:
00:00 Episode Overview
01:06 Listener’s Question: How Can Retirees Balance Enjoyment and Stewardship?
01:59 Bible Verse: Proverbs 3:9 – Honoring the Lord with Wealth
02:29 Real-Life Story: Tom and Mary’s Balanced Retirement Spending
11:31 7 Best Ways Retirees Can Spend Their Savings
11:35 #1 Giving Back to God Through Tithes and Ministries
12:52 #2 Investing in the Next Generation
14:38 #3 Caring for Those in Need
15:53 #4 Investing in Personal Growth
17:14 #5 Prioritizing Health and Well-being
18:44 #6 Enjoying God's Blessings
20:04 #7 Planning for the Future
22:42 Call to Action
24:53 Key Takeaways and Actionable Steps
26:00 Closing
Takeaways:
- Christian retirees should prioritize giving back to God through tithing and ministries.
- Investing in the next generation can create lasting family memories and impact.
- Supporting local charities and missionaries is a way to care for those in need.
- Personal growth is vital; retirees should invest in learning and new skills.
- Planning for future needs, like healthcare, is essential for retirement peace of mind.
- Enjoy God's blessings through meaningful travels and family experiences that matter.
Links referenced in this episode:
- Ask Ralph Insiders Community https://mailchi.mp/askralph.com/group
- Ask Ralph Show Live https://askralphpodcast.com/live
- What is your question that you would like to ask Ralph? Send Your Question here: https://justaskralph.com/
- Join our email list and get a free copy of “Mastering Your Finances” at https://askralph.com/
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Published on 11 months, 3 weeks ago