Old Testament scripture identifies that Levites were to retire from work at the temple when they turned fifty. They could continue to assist to a minor degree. There was no indication scripturally that this scenario applied to other professions. The New Testament indicates every Christian should continue (until his / her last breath) to evangelize, make disciples, and serve others. You may retire from a particular employer or type of work but you should continue working in at least a ministry capacity for the rest of your life.
Unless you want to retire into poverty, you need to employ appropriate financial management tools and processes that help you build an investment portfolio from which you can monthly (for the remainder of your life) withdraw enough money after taxes to cover all needs and at least some desires.
People whose employers provide pensions need not invest as much as those who work for employers that do not provide them. Those eligible to receive Social Security need not invest as much as those who are not eligible for it. People with both do not need to invest as much as those who only have one or the other. Those who have neither pension or Social Security obviously need to invest more than the others because investment income alone would have to cover the entire amount of all their expenses and desires during retirement.
The bottom line is everyone needs to invest a reasonable portion of their income (start with 10%) during working years in vehicles whose historical data prove they provide above average growth (no-load low-expense total stock market index mutual funds, etc.). In retirement, everyone will need to employ a good investment income withdrawal strategy that will last until they leave this Earth. This makes a comfortable, ministry-oriented, well-lived retirement possible.
There is hope if you find yourself in a poor financial situation right now. But you must understand life does not just arrange itself to provide what you need and want without you planning (for some reasonable amount of time) the earning and expending of income. From this point forward, you must budget, set aside emergency funds, eliminate debt, learn to live debt-free, invest, and give in ways that bring supernatural favor. The sooner you start the sooner you will be in position to comfortably retire and meet all expenses thereafter.
Please pray for this ministry, email me with any questions, and contact me to speak at your business or ministry conference or workshop. May the LORD bless you richly as you follow His plan!
Genesis 1:28, 2:1-3, Proverbs 10:4-5, Luke 12:16-31, 2Thessalonians 3:7-13
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You can find books authored by Randy Parlor and Karen Parlor at
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https://www.amazon.com/s?k=Karen+Parlor&i=stripbooks&ref=nb_sb_noss
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