Whether to buy a house or go to college are major financial decisions but so is deciding when to take Social Security It s true tens of thousands of dollars if not more are on the line when deciding when to start Social Security benefits Eddie Holland joins us today to help make the decision easier Eddie Holland is a Senior Private Wealth Advisor and partner of Blue Trust in Greenville South Carolina He s also a CPA a Certified Financial Planner CFP and a Certified Kingdom Advisor CKA A Common Recommendation But Not a One-Size-Fits-AllWhen it comes to retirement [... more]

So teach us to number our days that we may get a heart of wisdom - Psalm If you're a few years from retirement and your savings aren t quite where you want them you might feel like you've run out of time But maybe you don t need a time machine to solve the problem Today Matt Bell joins us with some encouraging words about beefing up retirement savings Matt Bell is the Managing Editor at Sound Mind Investing an underwriter of Faith Finance The Surprising Power of Working a Little LongerIn a Stanford study called The Power of [... more]

Proverbs reminds us Give careful thought to the paths for your feet and be steadfast in all your ways That s a call to intentional living choosing wisdom over impulse especially in how we manage our money We often emphasize that budgeting isn t just about numbers it s about aligning your resources with God s purposes Matt Bell a trusted voice in biblical finance recently wrote about the contrast between cultural and Christian approaches to budgeting He notes that culture gives your money a script Make a year Then move into this neighborhood drive that car wear these clothes [... more]

Wealth gained hastily will dwindle but whoever gathers little by little will increase it Proverbs This verse offers a powerful lesson on financial stewardship true and lasting wealth isn t built through shortcuts or speculation but through steady diligence and faithful management In today s fast-paced world financial success is often measured by how quickly one can accumulate wealth Social media is filled with stories of overnight millionaires high-risk investments and shortcuts to riches But is this the right approach Let s explore how this biblical principle plays out in real life The Temptation of Instant WealthTo illustrate this principle [... more]

You re generous you love to give But how do you know that your giving is having a real impact It s great that you have a heart for giving The next step is to make sure your giving really counts and that s by aligning it with God s heart David Wills is here today to help us do that David Wills is President Emeritus of The National Christian Foundation NCF He is also the co-author of Investing in God s Business The How To of Smart Christian Giving and numerous articles and lectures nationwide The Three Big Questions [... more]

The plans of the diligent lead surely to abundance but everyone who is hasty comes only to poverty - Proverbs That verse is often used to encourage people to avoid get rich quick schemes and other risky investments However it also conveys a message about budgeting Dr Shane Enete joins us today to discuss why budgeting is a form of worship Dr Shane Enete is an Associate Professor of Finance at Biola University and the author of the brand new book Whole Heart Finances A Jesus-Centered Guide to Managing Your Money with Joy Why Do People Dislike Budgeting Many people [... more]

Some people learn from the mistakes of others Unfortunately some people have to be the others Well you certainly don t want to be one of the others who have to learn things the hard way by making mistakes Today we ll talk to Ron Blue about some of the biggest financial mistakes you want to avoid Ron Blue is the Co-Founder of Kingdom Advisors and the author of many books on biblical finance most notably Master Your Money A Step-by-Step Plan for Experiencing Financial Contentment Setting Financial GoalsWithout clear financial goals you're essentially aiming at nothing Goals help you [... more]

And whatever you do in word or deed do everything in the name of the Lord Jesus giving thanks to God the Father through him - Colossians God created man for His glory That means everything we do should glorify God including how we manage money Chad Clark joins us today to talk about how FaithFi is helping God s people be more faithful stewards all for His glory Chad Clark is the Executive Director of FaithFi Faith Finance and the co-author of Look at the Sparrows A -Day Devotional on Financial Fear and Anxiety Why FaithFi s Mission Is [... more]

You have to be at least to collect Social Security maybe because it takes that long to understand the program Do you have questions about Social Security Of course you do Who doesn t Well you don t want to miss today s program Eddie Holland is back to answer more of your questions about Social Security Eddie Holland is a Senior Private Wealth Advisor and partner of Blue Trust in Greenville South Carolina He s also a CPA a Certified Financial Planner CFP and a Certified Kingdom Advisor CKA Can You Claim Benefits Early and Switch Later You can [... more]

One of my favorite passages in the Bible is found in Luke - the Parable of the Rich Fool While most of us don t have barns today Jesus warning about storing up earthly treasures is just as relevant now as it was then So what does it mean to be rich toward God and why does it matter Let s dive into this powerful lesson The parable begins with a wealthy man who has a problem many might envy his land has produced so much that his barns aren t big enough to store it all His solution Tear [... more]

British philosopher G K Chesterton once said I know as much about the future as you do which is nothing Only God knows the future but that doesn t mean we shouldn t plan for it Mark Biller is here today to help you do that Mark Biller is Executive Editor and Senior Portfolio Manager at Sound Mind Investing an underwriter of Faith Finance Today we ll cover some key takeaways from Sound Mind Investing s recent article Your Most Important Financial Moves for which offers over actionable tips across six categories Let s dive into some highlights to help [... more]

And there were in the same country shepherds abiding in the field keeping watch over their flock by night And lo the angel of the Lord came upon them and the glory of the Lord shone round about them and they were sore afraid - Luke - That s from the Christmas Story in Luke Chapter The angels announce the coming of the Savior to a group of shepherds It sounds simple enough but there s more to the story Jerry Bowyer joins us to talk about it Jerry Bowyer is the President of Bowyer Research and our Resident Economist [... more]

These days more workers are opting to stay on the job after signing up for Social Security The percentage of Americans over who are still working has doubled since Of course many of them also get security benefits Eddie Holland is here to explain how working affects the monthly benefit check Eddie Holland is a Senior Private Wealth Advisor and partner of Blue Trust in Greenville South Carolina He s also a CPA a Certified Financial Planner CFP and a Certified Kingdom Advisor CKA The Impact of Earnings on Social Security Before Full Retirement AgeIf you begin drawing Social Security [... more]

Ecclesiastes says every man who eats and drinks sees good in all his labor it is the gift of God The Bible calls work a gift But if you have to work more than one job it might not feel like it Today we ll offer a few practical and spiritual insights for working multiple jobs Work A Gift and a StruggleGod created us for work Throughout the Bible we see the importance of work not just for our own benefit but for God s glory From the beginning Adam and Eve s work in the garden was meant to [... more]

There are plenty of Christian retirement plans out there but is retirement itself actually biblical The answer depends on your definition of retirement For Christians that should be quite different from the world s view of retirement Work A Biblical CallingThe world often sees work as something to escape a negative experience endured under the pressure of a demanding boss However the Bible presents a very different view In Colossians - Paul tells us Whatever you do work heartily as for the Lord and not for men God is our true boss and we are called to serve Him through [... more]

Thanks to insurance we don t very often have bank savings and loans or credit union runs anymore Aaron Caid is with us today to discuss how that came about Aaron Caid is the Chief Marketing Officer at Christian Community Credit Union an underwriter of Faith Finance The Role of FDIC in Banking StabilityWhen we think about bank runs we often think of the Great Depression Thankfully such events are rare today primarily due to the Federal Deposit Insurance Corporation FDIC 's creation through the Banking Act of The FDIC now insures bank deposits up to per customer providing peace [... more]

You have to be at least to collect Social Security maybe because it takes that long to understand the program Do you have questions about Social Security Of course you do Who doesn t Well you don t want to miss today s program Eddie Holland is back to answer more of your questions about Social Security Eddie Holland is a Senior Private Wealth Advisor and partner of Blue Trust in Greenville South Carolina He s also a CPA a Certified Financial Planner CFP and a Certified Kingdom Advisor CKA Can You Claim Benefits Early and Switch Later You can [... more]

You ve probably heard the saying If you aim at nothing you'll hit it every time But do you know who coined it Christian author and speaker Zig Ziglar is credited with that famous quote It urges us to set goals and stay on mission What are our goals and what s our mission here at FaithFi Chad Clark fills you in today and invites you to be a part of it all Chad Clark is the Executive Director of FaithFi Faith Finance Integrating Faith and Finances for God s GloryAt FaithFi our mission is clear we aim to equip [... more]

For many money is the number one source of stress But what if you could transform your relationship with money from one of fear and dread to one of trust and joy On today's Faith amp Finance Live host Rob West will welcome Dr Shane Enete to discuss how we can do that Then Rob will answer your questions on different financial topics nbsp See omnystudio com listener for privacy information [... more]

At the most recent Kingdom Advisors Conference John shared an incredible story about some friends of his and an inheritance decision they made I've got some friends who are a super sharp young couple in their s His Father shared that he was about to give them a vast multi-million-dollar inheritance Amazing But they had been reflecting carefully on money and faith for months They said 'We are so grateful for this but we're already OK And if we got this money we'd start to rely on the shifting sands of this money for our security instead of the firm [... more]

What should folks consider when making this decision People should consider the following when deciding when to take Social Security benefits Understanding that if they take benefits before full retirement age they will be subject to a reductionDelaying past full retirement age means receiving an annual increase of called a delayed retirement creditCash flow needs if retiring and replacing incomePaying down debtIncreasing charitable givingHealth and longevity in the family impacting how long benefits may need to last Legacy goals and inheritance as Social Security benefits can't typically be passed on while portfolio assets can beIncome taxes as Social Security could [... more]

You rsquo re nearly at full retirement age and still working But if you take Social Security benefits now will they be reduced because your income rsquo s too high On today's Faith amp Finance Live host Rob West will explain how much income you can make when you rsquo re already receiving your social security benefits Then he rsquo ll answer your questions on different financial topics nbsp See omnystudio com listener for privacy information [... more]

DECIDING WHEN TO START RECEIVING SOCIAL SECURITY BENEFITSIt's recommended to delay receiving Social Security benefits until Full Retirement Age FRA of or as benefits are permanently reduced by about for each year you start taking them before reaching FRA BREAK-EVEN POINT FOR DELAYING SOCIAL SECURITY BENEFITSIf you delay receiving Social Security benefits until FRA it takes nearly years to recoup the money you missed by not taking benefits early After around age you'll be financially ahead each month for the rest of your life LIFE EXPECTANCY CONSIDERATIONS FOR SOCIAL SECURITYOnce you reach age the average life expectancy is for females [... more]

WHY ARE BENEFICIARY DESIGNATIONS IMPORTANT Beneficiary designations are crucial because they're an easy quick and free way to transfer assets accounts and insurance benefits after passing away They take precedence over wills or trusts and are significant because they skip probate and remain private Beneficiary designations offer a straightforward method to transfer assets after death They are prioritized over estate planning documents and bypass the probate process Keeping them updated and accurate is crucial for ensuring assets are distributed as intended WHAT ARE THE KEYS TO REMEMBER ABOUT DESIGNATING BENEFICIARIES When designating beneficiaries it's important to consider various account types [... more]

Sharon Epps is the President of Kingdom Advisors WHAT IS THE CURRENT STATE OF ECONOMIC UNCERTAINTY ACCORDING TO RECENT RESEARCH AND WHAT ARE ITS EFFECTS Economic uncertainty is at a high as indicated by the International Monetary Fund's World Uncertainty Index Covering data from countries over the past years the current level of uncertainty is among the highest since This uncertainty can lead to fear decision paralysis and irrational decision-making Economic uncertainty is significantly high currently comparable to the highest levels since This uncertainty can cause fear hinder decision-making and lead to irrational choices Historical perspective shows that economic uncertainty [... more]

Whether you prefer to ignore your natal day or you still celebrate with gusto every year there are a few birthdays we all need to recognize We're referring to the birthdays with financial implications HERE'S OUR LIST OF FINANCIALLY IMPORTANT BIRTHDAYS Day One Newborns can be registered for Social Security immediately Childhood At age one can get a learner's permit which affects parents' insurance rates It's advised to research and shop around for auto coverage Age This is the legal age of adulthood Key actions include registering to vote potential military service registration and self-medical decision making Parents are advised [... more]

The Social Security fund is set to run out of money by One measure that could help keep the program afloat would be to raise the retirement age possibly to years old In this video Peter with Richon Planning and Erin Kennedy break down the ways this could affect your financial plan An early retirement could be even more costly You may have to work longer than you're able You may run out of savings And remember claiming social security early will become even more costly For example if your full retirement age is claiming Social Security at age will [... more]

Figuring out the most financially optimal time to claim Social Security is a complicated equation that involves hundreds of variables to complicate matters hidden deep within Social Security's Handbook are a few gotchas that can reduce your benefits forever To make sure you don't shortchange yourself Peter with Richon Planning and Erin Kennedy are breaking down the top five If you take two benefits at once you lose one of the two If you take your retirement benefit at the same time as your spousal or divorced spousal benefit your retirement benefit will generally wipe out your spousal or divorced [... more]

Since the start of the pandemic about of retirees between and have re-entered the workforce If you're thinking of going back to work or unretiring there are a few details you should keep in mind First you will not lose your Social Security benefits but they may change as Peter with Richon Planning explains to Erin Kennedy Also if you unretire you may have to keep taking RMDs and there may be an impact on your medicare benefits If you're thinking about going back to work it's certainly worth having a conversation with a professional to learn how it could [... more]

Despite a sharp increase in the COLA for some people may see a lower Social Security payment this year In this video Peter Richon with Richon Planning and Erin Kennedy break down possible reasons why You Earned Too Much Last Year If you're under full retirement age and are collecting SS benefits while still working there is a limit to the earnings you can receive You Made Changes to Your Medicare Coverage If you made a change to your Medicare coverage such as adding Part D this will cause a deduction from your Social Security benefit check A Medicare Premium [... more]

Hans and Robby are back again this week with a brand new episode This week Hans and Robby are going over social security full retirement age This is vital information for those at full retirement age as well as for those approaching that age Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com Find us on YouTube Cardinal Advisors [... more]

Hans and Robby discuss what exactly full retirement age means for your Social Security benefit Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com [... more]

In the Sermon on the Mount Jesus said Blessed are the poor in spirit for theirs is the kingdom of heaven Robby points out that we should recognize that we are poor in spirit when deciding when to take our Social Security and ask for help Bloomberg recently published an article titled American's lose trillions claiming Social Security at the wrong time Hans agrees that generally people start their Social Security too soon usually because they did not ask for help People who delay Social Security can live off their IRAs or take another job if they don't want to [... more]

In Matthew Jesus gives His sermon on the mount and asks His followers not to worry as their faith will replace their fear Social Security strikes fear in many people especially regarding how long it will be around This week Hans and Robby discuss how to apply faith or in this case fact to Social Security in order to alleviate fears and maximize your benefit The Social Security Trustees Report was recently released While this report is very long Hans summarizes it basically saying that the Social Security fund was increased by millions of dollars this year they did not [... more]

Many of us are familiar with the idea of waiting on the Lord For years Robby explains he thought just waiting was okay He then explains how he studied QAVAH from Genesis and found that sometimes there is waiting but sometimes you need to twist into your situation and get more insight This twisting can help retirees find the right answer to when to claim their Social Security benefit Hans and Robby discuss couples this week who have taken an usual route to their Social Security benefit The first couple is from Ohio When they came to Hans they learned [... more]