Retire Confidently Podcast
Retire Confidently Podcast
How have you paid tithing up to this point?
Whether or not to tithe on retirement funds is a personal decision. There is no right or wrong answer, and it is important to do what feels right for you.
Some people believe that tithing is a way of showing gratitude to God for all that they have, including their retirement funds. They believe that by tithing, they are returning a portion of what God has given them.
Others believe that tithing should only be done on income that is earned while working. They believe that retirement funds are already a form of tithing, as they represent the fruits of one's labor over a lifetime.
Ultimately, the decision of whether or not to tithe on retirement funds is a personal one.
If you are considering tithing on retirement funds, there are a few things to keep in mind.
First, you will need to decide how much you want to tithe. There is no set amount, and it is up to you to decide what you feel comfortable with.
Second, you will need to decide how you want to tithe. You can tithe directly to your church, or you can tithe to a specific ministry or cause.
Third, you will need to decide how often you want to tithe. You can tithe once a month, once a quarter, or once a year.
Here are some additional things to consider when making your decision:
- Your financial situation. If you are struggling financially, you may not be able to afford to tithe on your retirement funds. However, if you are financially stable, you may want to consider tithing a portion of your retirement funds.
- Your faith beliefs. If you believe that tithing is important, you may want to tithe on your retirement funds, even if you are financially struggling.
- Your church's policy. Some churches have a policy of requiring members to tithe on their retirement funds. If your church has such a policy, you will need to decide whether or not you want to tithe in accordance with the policy.
If you are still unsure about whether or not to tithe on your retirement funds, you may want to talk to your pastor or a financial advisor. They can help you to make the decision that is right for you.
Are you getting what you want or are you putting yourselves in a position someone could try and get the better of you?
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Telton W Hall, CFP® is a husband, father, retirement planning expert, small-town-boy at heart, nationally published author, sought-after speaker, former college basketball player, founder/owner/team member of Utah based Advanced Financial Planning LLC, hiking enthusiast, Jesus follower, business leader, team builder, and to the core Telton is an educator.