171 – Debunking Financial Doom And Gloom: A Biblical Approach

Professional financial fear mongering is something many have seen or been affected by. Bob and Shawn address the tactics used by individuals and groups to deliberately spread fear or alarm about financial issues. Highlighting examples like claims of the stock market crashing or the need to rely on gold coins for transactions, it is important to question the credibility of such messages.

Listeners are warned to be cautious of such fear-inducing narratives, especially on platforms like social media. Instead, Bob and Shawn stress the importance of discernment, considering the motivations behind these messages, and aligning financial decisions with Christian values and wisdom.

170 – Picking The Right Investment Choice For Your Work Retirement Plan

This episode is great for anyone who has or wants to contribute to a work retirement plan, which is most of us! Using the analogy of a dismantled car, Bob and Shawn suggest that many people feel overwhelmed when it comes to deciding how to invest their retirement funds. They highlight common types of retirement plans like 401k, 403b, and SEP, while unpacking the differences (spoiler alert – there’s really not that many!).

As always, listeners are warned about the risks of making uninformed decisions and emphasize the importance of understanding the associated risks and rewards, which is why it’s so important to have a fiduciary based financial advisor. So, listen in and discover more about investing towards your retirement funds!

169 – Financially Handling The Loss Of A Spouse

Bob and Shawn discuss the often-difficult topic of managing finances after the loss of a spouse, either through death or divorce. With compassion, they explain the necessity of understanding your financial picture, such as incoming and outgoing monthly expenses and overall assets and liabilities. As always, they highlight the importance of working with a fiduciary financial advisor who can provide impartial advice, free from conflicts of interest.

The importance of keeping personal finances confidential to avoid potential exploitation by distant relatives or friends is also mentioned. Throughout the episode, they share relevant biblical scriptures to provide comfort and guidance.

168 – Unlock The Optimal Time For Claiming Social Security

Bob and Shawn delve into the complexities of deciding when to take Social Security. They discuss factors to consider when taking Social Security such as your current age, anticipated lifespan based on family history, potential income sources, and whether you’re still working. Bob emphasizes the importance of calculating the breakeven point for starting Social Security benefits early versus later, factoring in the time value of money.

They also touch on political implications and uncertainties surrounding the future of Social Security. As always, Bob and Shawn reference Biblical scriptures, tying financial decisions to faith-based values.