No matter where you are on your Retirement journey, Servant Solutions is here to help you plan with confidence. Here are five strategies to consider as you save and plan. Servant Solutions wants to be your life-long financial planning partner. We’re available with multiple tools and planning documents to help you arrive at your retirement years well-funded.
We have found that many pastors experience shame about their financial circumstances, so many follow human nature and ‘hope for the best’. As you might imagine, this is not a responsible strategy. Some pastors are resistant, and in some cases even unwilling, to comprehend their financial realities and take the necessary steps forward to better financial health. Even more say, “I’ll just work my whole life” and ignore retirement planning altogether.
The COVID-19 pandemic will undoubtedly have a long-term impact on the financial life of congregations, regardless of their denomination, size or makeup. In my conversations with pastors and leaders across the movement, it seems there’s a common denominator among those who aren’t experiencing the hardest and most immediate blows: margin. The congregations that went into the pandemic with some margin—financial, emotional, time, leadership, etc.—have been better equipped to weather the current conditions than those operating under tighter constraints.
