The Christian Retirement Show: Recent Episodes
Eric Schrum
On the Christian Retirement Show, CFP® professional Eric Schrum talks about all things regarding Retirement Planning, Investing, and stewardship.
Everyone's terrified of Required Minimum Distributions — but for most retirees, the fear is way overblown. In this video, I break down real RMD numbers on $2M and $5M portfolios, show you the actual tax impact using 2026 brackets, and reveal the one RMD mistake that actually costs people money.In this video: What RMDs actually are (and why the government requires them starting at 73) * Real RMD dollar amounts and withdrawal rates on a $2M portfolio at ages 73, 77, and 85 * The same breakdown for a $5M portfolio * Why your marginal* tax bracket matters more than the total RMD dollar amount * How the standard deduction and 2026 tax law changes affect what you actually pay * The one RMD risk that's actually worth worrying about — and the penalty for missing it
If you're within 10 years of retirement or already retired with $1M+ saved, we help clients build a withdrawal plan that satisfies RMDs automatically — no guesswork, no missed deadlines. Schedule a complimentary discovery call: https://calendly.com/meeterics/free-10-minute-intro-callThe content Provided is for general information and educational purposes only and should not be considered a recommendation of any particular strategy investment product or investing advice of any kind. Content is not intended to be and should not be construed as legal or tax advice and or a legal opinion. Please consult a financial professional for your specific situation. Investing involves risks, including the loss of the entire principle. Past performance does not guarantee future results. The views and opinions expressed here are of the author and do not necessarily reflect the opinion of Schrum Private Wealth Management, LLC. Investment Advisory services offered through Schrum Private Wealth Management, LLC. An SEC registered investment advisor.
In this episode, we talk about one of the most overlooked retirement risks: the loss of purpose. Many people spend decades building a career, a routine, and a sense of meaning through work.
Then retirement arrives, and what looked like freedom starts to feel strangely empty. We cover why this happens, why financial security alone is not enough, and how to think about purpose, rhythm, contribution, and meaning in retirement. If you are asking questions like: What will I do after I retire? How do I find purpose in retirement?
Why do some retirees feel lost even when they have enough money? How do I prepare emotionally and practically for retirement? This episode will help. Subscribe for more conversations on retirement planning, retirement income, and building a life that works both financially and personally.
📅 Work with Eric
Want an honest, second opinion on the investments in your retirement portfolio? Eric offers complimentary consultations for those approaching or in retirement with $1M or more in savings.
Book Complimentary Consultations Here: https://calendly.com/meeterics/free-10-minute-intro-call
Email Here: eric@schrumpw.com
The content Provided is for general information and educational purposes only and should not be considered a recommendation of any particular strategy investment product or investing advice of any kind. Content is not intended to be and should not be construed as legal or tax advice and or a legal opinion. Please consult a financial professional for your specific situation. Investing involves risks, including the loss of the entire principle. Past performance does not guarantee future results. The views and opinions expressed here are of the author and do not necessarily reflect the opinion of Schrum Private Wealth Management, LLC. Investment Advisory services offered through Schrum Private Wealth Management, LLC. An SEC registered investment advisor.
How much net worth do you actually need to be considered middle class, upper-middle class, affluent, or rich in retirement? In this video, Eric Schrum, CFP® professional and owner of Schrum Private Wealth Management, breaks down the net worth ranges for Americans age 65 and older, including the median retiree net worth, the top 10 percent, and the top 1 percent. More importantly, Eric explains why your net worth percentile may have very little to do with whether your retirement is actually secure. You will learn:* The net worth of the bottom 25 percent of retirement-age Americans * The median net worth for Americans age 65 and older * What it takes to be considered upper-middle class in retirement * The net worth required to enter the top 10 percent * The approximate threshold for the top 1 percent * Why home equity can make net worth figures misleading * Why spending, income, taxes, and lifestyle matter more than comparison * The questions retirees should be asking instead of, “Am I rich enough?”
A retiree with a larger net worth is not always in a stronger financial position. Retirement security depends on how much income you receive, how much you spend, where your assets are held, how much debt you carry, and whether your financial plan can support the life you want to live. At Schrum Private Wealth Management, we help pre-retirees and retirees manage their investments, retirement income, spending, and tax strategy so they can live the lifestyle they feel called to live without constantly worrying about running out of money. 📅 Work with Eric
Want an honest, second opinion on the investments in your retirement portfolio? Eric offers complimentary consultations for those approaching or in retirement with $1M or more in savings.
Book Complimentary Consultations Here: https://calendly.com/meeterics/free-10-minute-intro-call
Email Here: eric@schrumpw.com
The content Provided is for general information and educational purposes only and should not be considered a recommendation of any particular strategy investment product or investing advice of any kind. Content is not intended to be and should not be construed as legal or tax advice and or a legal opinion. Please consult a financial professional for your specific situation. Investing involves risks, including the loss of the entire principle. Past performance does not guarantee future results. The views and opinions expressed here are of the author and do not necessarily reflect the opinion of Schrum Private Wealth Management, LLC. Investment Advisory services offered through Schrum Private Wealth Management, LLC. An SEC registered investment advisor.
We're back with Part 2 of the CFP® Investment Rankings series. This time, Eric Schrum grades individual stock picking, diversified stock portfolios, Universal Life Insurance, alternative investments (hedge funds, private equity, VC), and gold — including a warning about the predatory gold companies specifically targeting retirees.
Missed Part 1? Watch it here: https://youtu.be/1--a3FNe9NQ — we covered Mutual Funds, ETFs, Variable Annuities, and Life Insurance.
As always, these are general rankings. Your situation is unique. But this gives you a smart framework for evaluating what you're being offered in retirement.
🔑 Key Takeaways
- Individual stock picking is closer to a coin flip than a skill — most investors learn this the hard way
- A strategically diversified portfolio of individual stocks is a different story — but requires real expertise to execute well
- Universal Life Insurance has the same core problem as Whole Life: mixing insurance and investing rarely benefits the buyer
- Alternative investments can be excellent for non-correlated exposure and strong returns — but you must be an accredited investor and vet the fund carefully
- Gold can serve as a legitimate hedge — but predatory gold companies specifically target retirees using fear tactics to get into your IRA and 401(k)
- Know what you're buying, what a reasonable allocation looks like, and who is selling it to you before committing
📅 Work with Eric
Want an honest, second opinion on the investments in your retirement portfolio? Eric offers complimentary consultations for those approaching or in retirement with $1M or more in savings.
Book Complimentary Consultations Here: https://calendly.com/meeterics/free-10-minute-intro-call
Email Here: eric@schrumpw.com
The content Provided is for general information and educational purposes only and should not be considered a recommendation of any particular strategy investment product or investing advice of any kind. Content is not intended to be and should not be construed as legal or tax advice and or a legal opinion. Please consult a financial professional for your specific situation. Investing involves risks, including the loss of the entire principle. Past performance does not guarantee future results. The views and opinions expressed here are of the author and do not necessarily reflect the opinion of Schrum Private Wealth Management, LLC. Investment Advisory services offered through Schrum Private Wealth Management, LLC. An SEC registered investment advisor.
Are the investments you're being pitched actually good for YOU — or good for the person selling them? CFP® Eric Schrum cuts through the noise and gives honest, no-nonsense grades on 5 investments retirees commonly encounter: Mutual Funds, Variable Annuities, ETFs, Whole Life Insurance, and Term Life Insurance.
This is Part 1 of an ongoing series. Every retiree's situation is unique, but this gives you a strong foundation for evaluating what you're being offered — and what to watch out
🔑 Key Takeaways
• Always check the fee share class on mutual funds — lower fees matter more than most people realize
• Variable annuities are often loaded with hidden fees, surrender penalties, and long lock-up periods — approach with caution
• ETFs offer low costs, tax efficiency, and broad options for both passive and active investors
• Mixing life insurance and investing (whole life) typically benefits the seller more than the buyer
• If you need life insurance, level-term is almost always the cleaner, more cost-effective choice
• Retirees should ask whether they still need life insurance at all — or if savings can serve as self-insurance
📅 Work with Eric
Want a personalized review of the investments in your retirement portfolio? Eric offers complimentary consultations for those approaching or in retirement with $1M or more in savings. Book Here: https://calendly.com/meeterics/free-10-minute-intro-call
Email Here: eric@schrumpw.com
The content Provided is for general information and educational purposes only and should not be considered a recommendation of any particular strategy investment product or investing advice of any kind. Content is not intended to be and should not be construed as legal or tax advice and or a legal opinion. Please consult a financial professional for your specific situation. Investing involves risks, including the loss of the entire principle. Past performance does not guarantee future results. The views and opinions expressed here are of the author and do not necessarily reflect the opinion of Schrum Private Wealth Management, LLC. Investment Advisory services offered through Schrum Private Wealth Management, LLC. An SEC registered investment advisor.
⚠️ Miss this IRS deadline and you could owe a 25% penalty on your own retirement money. In this video, CFP® Eric Schrum breaks down exactly what Required Minimum Distributions (RMDs) are, when they kick in, how much they could cost you if you ignore them — and the strategies you can use right now to take control before the IRS does.
Whether you're approaching retirement or already in it, this is one of the most important retirement planning concepts you need to understand.
🔑 Key Takeaways
- RMDs begin at age 73 (age 75 if born in 1960 or later) from traditional IRAs, 401(k)s, and other tax-deferred accounts
- Missing your RMD triggers a 25% IRS penalty (reduced to 10% if corrected within 2 years)
- Roth IRAs and taxable brokerage accounts are NOT subject to RMDs
- Taking your first RMD in the year you turn 73 avoids a double-RMD year
- Roth conversions, QCDs, and IRMAA management are powerful strategies to reduce your RMD burden
- QCDs allow up to $111,000/year per person in charitable gifts directly from your IRA — tax-free and RMD-satisfying
📅 Work with Eric
If you have $1M or more in retirement savings and want to understand how RMDs will affect your specific situation, schedule a complimentary consultation: https://calendly.com/meeterics/free-10-minute-intro-call
The content Provided is for general information and educational purposes only and should not be considered a recommendation of any particular strategy investment product or investing advice of any kind. Content is not intended to be and should not be construed as legal or tax advice and or a legal opinion. Please consult a financial professional for your specific situation. Investing involves risks, including the loss of the entire principle. Past performance does not guarantee future results. The views and opinions expressed here are of the author and do not necessarily reflect the opinion of Schrum Private Wealth Management, LLC. Investment Advisory services offered through Schrum Private Wealth Management, LLC. An SEC registered investment advisor.
Most retirees budget carefully for everything — except the Medicare bill that quietly adds $5,000 or more to their annual expenses. It's called IRMAA, and if you have a substantial retirement portfolio, there's a good chance it's coming for you.
In this episode, I break down exactly what IRMAA is, why it catches so many high-income retirees completely off guard, and — most importantly — four strategies you can use right now to reduce or eliminate it before you retire.
📅 Book a Free 30-Minute Retirement Readiness Call — For investors with $1M+ within 10 years of retirement → https://calendly.com/meeterics/free-10-minute-intro-call
In this video:
✅ What IRMAA actually is (and why nobody warns you about it)
✅ The 5 IRMAA surcharge tiers — real 2025 dollar amounts
✅ The two-year lookback rule that blindsides new retirees
✅ Why a single high-income year can cost you for years after
✅ How Roth conversions can dramatically reduce your IRMAA exposure
✅ The little-known appeal process if you've already been hit
✅ How to plan your retirement income around the IRMAA thresholds
The content Provided is for general information and educational purposes only and should not be considered a recommendation of any particular strategy investment product or investing advice of any kind. Content is not intended to be and should not be construed as legal or tax advice and or a legal opinion. Please consult a financial professional for your specific situation. Investing involves risks, including the loss of the entire principle. Past performance does not guarantee future results. The views and opinions expressed here are of the author and do not necessarily reflect the opinion of Schrum Private Wealth Management, LLC. Investment Advisory services offered through Schrum Private Wealth Management, LLC. An SEC registered investment advisor.
Most people don't find out about Required Minimum Distributions until it's too late — and by then, they're already facing a tax bill they never planned for. In this video, I break down exactly what RMDs are, when you're required to start taking them, how to calculate yours, and the smart strategies retirees are using right now to minimize the tax hit.
If you have a 401(k), Traditional IRA, SEP-IRA, or 403(b) — this episode is for you.
📅 SCHEDULE A FREE INTRO CALL https://calendly.com/meeterics/free-10-minute-intro-call
📌 IN THIS EPISODE
✅ What a Required Minimum Distribution is — and why the IRS requires them
✅ The current RMD starting ages: 73 or 75 depending on your birth year
✅ How the SECURE Act and SECURE 2.0 changed the rules
✅ The step-by-step RMD calculation using the IRS Uniform Lifetime Table
✅ Why Roth IRAs don't have RMDs (and why that matters)
✅ The Qualified Charitable Distribution (QCD) strategy most retirees overlook
✅ Why taking two RMDs in one year can create a surprise tax spike
✅ What happens if you miss an RMD — the 25% penalty explained
The content Provided is for general information and educational purposes only and should not be considered a recommendation of any particular strategy investment product or investing advice of any kind. Content is not intended to be and should not be construed as legal or tax advice and or a legal opinion. Please consult a financial professional for your specific situation. Investing involves risks, including the loss of the entire principle. Past performance does not guarantee future results. The views and opinions expressed here are of the author and do not necessarily reflect the opinion of Schrum Private Wealth Management, LLC. Investment Advisory services offered through Schrum Private Wealth Management, LLC. An SEC registered investment advisor.
Are you actually ready to retire, or are you just chasing a number that may not even fit your life?
One of the biggest mistakes people make when planning for retirement is fixating on an arbitrary portfolio goal like $1 million, $2 million, or more, without ever asking a better question: How much do I actually need to live the life I want in retirement?
In this video, I walk through a more practical way to think about retirement readiness by starting with your income needs, not a random investment target. Once you know how much income you’ll need each year, you can begin backing into what your portfolio actually needs to produce and whether you may already be closer to retirement than you think.
I also cover a few major retirement planning mistakes people often miss, including taxes, inflation, and expenses that may fall away later like a mortgage payment.
If you want more clarity around whether you have enough to retire, this video will help you think about it the right way.
If you want help turning your portfolio into a structured retirement paycheck: 👉 Apply here: https://calendly.com/meeterics/free-10-minute-intro-call
The content Provided is for general information and educational purposes only and should not be considered a recommendation of any particular strategy investment product or investing advice of any kind. Content is not intended to be and should not be construed as legal or tax advice and or a legal opinion. Please consult a financial professional for your specific situation. Investing involves risks, including the loss of the entire principle. Past performance does not guarantee future results. The views and opinions expressed here are of the author and do not necessarily reflect the opinion of Schrum Private Wealth Management, LLC. Investment Advisory services offered through Schrum Private Wealth Management, LLC. An SEC registered investment advisor.
If you're between 30 and 50, you're sitting on one of the greatest wealth-building windows of your life — but only if you make the right moves. As a CFP professional with over 10 years in the wealth management industry, I'm breaking down the 5 things I'd focus on right now to build serious wealth in your 30s and 40s.
Whether you're just starting to get serious about money or already earning well but not sure where to go next — this episode is for you.
In this episode:
✅ Why budgets aren't just for beginners (and the shocking NFL stat that proves it)
✅ How to automate your savings so wealth-building happens on autopilot
✅ Why cutting your Starbucks habit won't make you rich — and what actually will
✅ The lifestyle inflation trap that keeps high earners broke
✅ The most common (and costly) investing mistakes to avoid at all costs
💡 The person who has $3 million is the same person who didn't spend $3 million.
If you want help turning your portfolio into a structured retirement paycheck: 👉 Apply here: https://calendly.com/meeterics/free-10-minute-intro-call
The content Provided is for general information and educational purposes only and should not be considered a recommendation of any particular strategy investment product or investing advice of any kind. Content is not intended to be and should not be construed as legal or tax advice and or a legal opinion. Please consult a financial professional for your specific situation. Investing involves risks, including the loss of the entire principle. Past performance does not guarantee future results. The views and opinions expressed here are of the author and do not necessarily reflect the opinion of Schrum Private Wealth Management, LLC. Investment Advisory services offered through Schrum Private Wealth Management, LLC. An SEC registered investment advisor.
If you want help turning your portfolio into a structured retirement paycheck:
👉 Apply here: https://calendly.com/meeterics/free-10-minute-intro-call
When should you claim Social Security? Should you take it at 62, wait until full retirement age, or delay benefits? In this video, I walk through 3 common Social Security mistakes that can cost retirees thousands of dollars over time.
We cover:
- Claiming Social Security too early just because it’s available
- Making a Social Security decision without coordinating it with your overall retirement income plan
- Ignoring the effect Social Security claiming decisions can have on a spouse or surviving spouse
If you are planning for retirement and want to understand how Social Security fits into a retirement paycheck strategy, this video is for you. The goal is not just to maximize a Social Security check in a vacuum. The goal is to make better decisions about retirement income, taxes, withdrawals, and long-term financial security.
SocialSecurityMistakes #SocialSecurity #RetirementPlanning #Retirement #FinancialAdvisor
The content Provided is for general information and educational purposes only and should not be considered a recommendation of any particular strategy investment product or investing advice of any kind. Content is not intended to be and should not be construed as legal or tax advice and or a legal opinion. Please consult a financial professional for your specific situation. Investing involves risks, including the loss of the entire principle. Past performance does not guarantee future results. The views and opinions expressed here are of the author and do not necessarily reflect the opinion of Schrum Private Wealth Management, LLC. Investment Advisory services offered through Schrum Private Wealth Management, LLC. An SEC registered investment advisor.
In this episode, we break down what the latest Iran developments could mean for the stock market, oil prices, inflation, and investors.
Geopolitical headlines can move markets fast, but not every headline matters equally. In this conversation, we talk through what investors should actually pay attention to, where higher oil prices could show up first, what parts of the market may be helped or hurt, and how long term investors should think when volatility rises.
If you’ve been wondering what the Iran situation means for your portfolio, this episode will help you think through it in a calm, practical way.
In this episode, we cover:
• What matters most to markets when Iran escalates
• How much of this year’s volatility is tied to Iran versus normal market forces
• Where higher oil prices hit consumers and investors first
• Which parts of the market tend to perform better or worse in this kind of environment
• What long term investors should do instead of reacting emotionally
If you want help turning your portfolio into a structured retirement paycheck: 👉 Apply here: https://calendly.com/meeterics/free-10-minute-intro-call
The content provided is for general information and educational purposes only and should not be considered a recommendation of any particular strategy, investment product, or investing advice of any kind. Content is not intended to be and should not be construed as legal or tax advice and or a legal opinion. Please consult a financial professional for your specific situation. Investing involves risks, including the loss of the entire principal. Past performance does not guarantee future results. The views and opinions expressed here are of the author and do not necessarily reflect the opinion of Schrum Private Wealth Management, LLC. Investment Advisory services offered through Schrum Private Wealth Management, LLC. An SEC-registered investment advisor.
If you want help turning your portfolio into a structured retirement paycheck:
👉 Apply here: https://calendly.com/meeterics/free-10-minute-intro-call
We work best with households that have $1M+ invested and are within 10 years of retirement.
Most people think retirement risk is about money.
They think about market crashes, inflation, taxes, healthcare costs, and whether their nest egg will last. But there is another risk that often hits just as hard, and almost nobody talks about it early enough.
In this episode, we explore the hidden retirement risk of losing purpose after work ends.
For many people, retirement does not just remove a paycheck. It removes structure, identity, momentum, and a sense of being needed. That can leave even financially secure retirees feeling restless, flat, bored, or unsure of who they are without their career.
In this episode, we cover:
- Why having enough money does not guarantee a fulfilling retirement
- The connection between work, identity, and meaning
- Why so many retirees struggle with boredom, aimlessness, and loss of direction
- The difference between retiring from work and retiring to something meaningful
- Practical ways to build purpose, rhythm, contribution, and connection in retirement
If you are planning for retirement, nearing retirement, or already retired and wondering what this next season is really supposed to look like, this episode is for you.
A successful retirement is not just about financial independence. It is about building a life with purpose, meaning, and direction.
The content Provided is for general information and educational purposes only and should not be considered a recommendation of any particular strategy investment product or investing advice of any kind. Content is not intended to be and should not be construed as legal or tax advice and or a legal opinion. Please consult a financial professional for your specific situation. Investing involves risks, including the loss of the entire principle. Past performance does not guarantee future results. The views and opinions expressed here are of the author and do not necessarily reflect the opinion of Schrum Private Wealth Management, LLC. Investment Advisory services offered through Schrum Private Wealth Management, LLC. An SEC registered investment advisor.
If you want help turning your portfolio into a structured retirement paycheck:
👉 Apply here: https://calendly.com/meeterics/free-10-minute-intro-call
We work best with households that have $1M+ invested and are within 10 years of retirement.
If you’re approaching retirement with $1M–$5M invested, the biggest risk isn’t the market… It’s how you take income from your portfolio.
Most people spend decades learning how to grow their investments- but almost no one teaches you how to live off them.
In this video, I walk through how to turn a $2 million portfolio into a reliable retirement paycheck- without running out of money and being forced to sell investments at the wrong time.
We cover:
• Why retirement is a distribution problem, not an investment problem
• The biggest mistake people make with the “4% rule.”
• How sequence of returns risk can quietly derail your plan
• Why the first 5–7 years of retirement matter most
If you’re 50–65 and within 10 years of retirement, this is the phase where small mistakes have permanent consequences.
The content provided is for general information and educational purposes only and should not be considered a recommendation of any particular strategy, investment product, or investing advice of any kind. Content is not intended to be and should not be construed as legal or tax advice and or a legal opinion. Please consult a financial professional for your specific situation. Investing involves risks, including the loss of the entire principal. Past performance does not guarantee future results. The views and opinions expressed here are of the author and do not necessarily reflect the opinion of Schrum Private Wealth Management, LLC. Investment Advisory services offered through Schrum Private Wealth Management, LLC. An SEC-registered investment advisor.
Episode Overview
In this special episode of The Christian Retirement Show, we sit down with Adam Burt, a former NHL defenseman who stepped away from hockey to serve in pastoral ministry. He recently completed a new book that explores faith, discipline, and personal growth. During our discussion, Adam recounts the jarring impact of body checks on the ice, his shift into spiritual leadership, and the heart behind his new book: The Longest Game- Winning In Life.. Listeners will discover how Adam’s practical insights can shape a fulfilling retirement plan rooted in faith.
Key Takeaways
- Life Lessons from the NHL
Adam offers a look inside the locker room, recalling the physical challenges of professional sports and the responsibility he felt to support his teammates. His stories reveal the values—focus, endurance, and loyalty—that followed him from the rink to the pulpit. - Faith Beyond the Arena
After years of fast-paced competition, Adam leaned into a deeper calling. He opens up about the pivotal day he felt drawn to pastoral work, describing how that decision altered his priorities and sense of purpose. - Purpose-Filled Retirement
Adam examines the mindset that can nurture a purposeful retirement. He highlights the importance of aligning finances and life goals with spiritual truths. Listeners will hear practical advice on dedicating time, energy, and resources to pursuits that honor God and serve others. - Sneak Peek of His New Book
Adam outlines the core themes of his new project and shares why he believes faith-based practices sustain individuals through every season of life. His writing process combined deep reflection, scriptural study, and real-life experiences from his years on and off the ice.
Why Listen?
- Gain unique perspectives from a former NHL player turned pastor.
- Explore how faith shapes retirement decisions, personal finances, and daily routines.
- Learn actionable steps for living with conviction and discipline.
Action Steps
- Grab a Notepad – Jot down Adam’s suggestions for integrating faith into your retirement plan.
- Reflect on Your Calling – Consider the ways your talents and experiences can serve others, just as Adam discovered through his transition to ministry.
- Check Out the Book – If you’re ready for a new outlook on spiritual growth, be sure to read Adam’s latest work for deeper insights.
Episode Resources
- Adam Burt’s New Book: https://www.amazon.com/Longest-Game-Winning-fulfill-God-given/dp/1956370722
- More Episodes of The Christian Retirement Show: https://www.christianretirementplanner.com/blog-01
Welcome to this week's episode of the Christian Retirement Show! This week we are discussing what used to be a boring topic- Interest Rates. Interest rates have been headline news in 2023 and look to keep center stage as we move into 2024.
If you are interested in working with Eric please visit: https://www.christianretirementplanner.com/team-member-01/eric-schrum
To learn more about Schrum Private Wealth please visit: https://www.christianretirementplanner.com/
Hello! And welcome back to this week’s episode of the Christian Retirement Show! In case you’re wondering, yes! We have been on a bit of a break. Eric recently welcomed his first child and used the opportunity to take some time away from recording and make improvements to the show.
During this episode, we talk about what to expect going forward with the show and also an update on the market’s this year! As always, we want to hear from you! Reach out to us with your thoughts and questions at www.schrumpw.com or eric@schrumpw.com.
If you are interested in retirement planning or investment planning with eric please visit: https://www.christianretirementplanner.com/your-free-retirement-assessment
Hello! And welcome to this week’s episode of the Christian Retirement Show. Today we are continuing our series on the hidden Retirement Killers lurking just under the surface for people who are retired or are preparing for retirement and how to beat them! This week we’re talking about the biggest fear I hear from retirement savers which is longevity risk!
On today’s show we cover what longevity risk is, it’s causes, and how to overcome longevity risk so you can have a successful retirement!
Causes:
Over-spending- If your lifestyle over reaches your resources you are going to have a rough time in retirement. You may start depleting your savings & investments quickly or it may be a slow burn, but one way or another spending too much will be disastrous for your retirement plans.
Investment performance- Most retirees rely on investments to fund their retirement goals. In simple terms- inflation and the cost of living just can’t usually be funded using savings in a checking account. If investment returns during your retirement do not reach certain benchmarks- whether from poor investment decisions or poor overall market performance. This can seriously jeopardize your retirement success and be a significant challenge to overcome.
Living longer than expected- As we discuss modern medical advancements and knowledge on how to take care of our bodies has led to quickly increasing life expectancies and higher quality of life. This means that you not only have a greater chance of living longer but also have living a high-quality lifestyle as well. Now while this is great news and the alternative is not great, this can be a cause of serious concern and anxiety when retirees must face the reality of funding a retirement that is much longer than they ever thought possible.
Retirement Solutions:
Budget realistic expectations of retirement spending prior to your retirement date- What this allows you to do is head into retirement with your eyes wide open as to how much you need to live your desired lifestyle and if the resources at your disposable can fund that lifestyle. A great way to do this is by looking at your current level of spending and using that is a gauge for how much you will likely spend once retired.
Have a quality investment plan in place- that is built to withstand ups and downs in the market. This means being well diversified and not taking more risk than you are a) comfortable taking and b) should take in order to not jeopardize your retirement savings.
Build a retirement plan- What a retirement plan allows you to do is take all of your lifestyle needs- daily spending, travel, big expenses; all of your resources including retirement savings, pensions, annuities, & social security. And then run calculations to ensure your desired lifestyle can be funded by your resources.
Resources in Show:
Christian Retirement Planner Website- https://www.christianretirementplanner.com/
Free Retirement Assessment- https://www.christianretirementplanner.com/your-free-retirement-assessment
Weekly Money Bible Verse- https://www.biblegateway.com/passage/?search=Malachi%203%3A10&version=NIV
Listen on Apple- https://podcasts.apple.com/us/podcast/the-christian-retirement-show/id1530097100
Listen on Spotify- https://open.spotify.com/show/2CvP6jKwvQM9UHCVNbAmVI?si=izRw1lYiQqS0kOBE3hxUpQ
And welcome to this week’s episode of the Christian Retirement Show. Today we are starting our series on The hidden Retirement Killers lurking just under the surface for people who are retired or are preparing for retirement and how to beat them! This means we are going to be spending the next few week’s talking about 1 of 4 different retirement killers, what they are, why they are important and what you can do to combat them. To begin we are going to be talking about one of the biggest retirement killers out there and a risk that not many people know about!
First Hidden Retirement Killer- Sequence of Returns Risk
Sequence of return risk is the risk that you might retire right when the market takes a significant drop, leaving you to start taking income from your retirement savings when your account is significantly lower than its highest value.
To combat this retirement risk there are two great retirement strategies you can employ:
- Start lowering the risk you are taking in your retirement investments as your near retirement and just after you retire.
- Keep 6 months to 2 years’ worth of living expenses in cash in your retirement savings leaving the rest invested. What this allows you to do is to weather any bear markets or short-term downturns in the market without having to sell investments at a low price in order to fund your retirement income needs.
If you are looking for a Christian Financial Planner, you are in the right place. Visit Christianretirementplanner.com or email me at eric@schrumpw.com to start our no cost, no obligation free retirement assessment which allows you to gauge our firm and if we might be a great fit to help you in your retirement planning!
Resources in Show:
Christian Retirement Planner Website: https://www.christianretirementplanner.com/
Free Retirement Assessment: https://www.christianretirementplanner.com/your-free-retirement-assessment
Michael Kitces Sequence of Return Risks Article: https://www.kitces.com/blog/understanding-sequence-of-return-risk-safe-withdrawal-rates-bear-market-crashes-and-bad-decades/
Today I’m talking about if now is the right time for a retirement saver or retiree to invest in the stock market. But the answer to this question has a twist! So, if you’re ready to hear unbiased retirement advice and not someone trying to sell you a product, then this episode is for you!
Key Take Aways:
- Time in the market beats timing the market
- The future is unpredictable
- Personal finance needs to be just that- Personal
How to listen to today’s show:
- On Apple: https://podcasts.apple.com/us/podcast/the-christian-retirement-show/id1530097100
- On Spotify: https://open.spotify.com/show/2CvP6jKwvQM9UHCVNbAmVI?si=DnJ7cAotSai8yYTlNirRlw
Episode Links & Resources:
- Retired or nearing retirement? Get a Free Retirement Assessment: https://www.christianretirementplanner.com/your-free-retirement-assessment
- Christian Retirement Planner Website: https://www.christianretirementplanner.com/
Welcome to this week’s episode of the Christian Retirement Show! In today’s episode we discuss Biblically responsible investing- What it is, pros & cons, and how we at Schrum Private Wealth Management implement BRI for our clients.
Show Outline:
What is Biblically Responsible Investing?
Biblically responsible investing is the process of investing your money in companies whose business practices align with biblical values. Another way to think of BRI is screening out companies who engage in practices which are contrary to biblical values. Often these values are things such as companies who profit from abortion pharmaceuticals, engage in slavery within their supply chains, profit from pornography, the current gender trends, all the way to possible alcohol, tobacco, and gambling sales.
What are pros & cons of Biblically Responsible Investing?
Pros:
• Christian’s now have an option to align their faith & finances
• Be part of a growing movement with better investment selection
• Enact change in the culture through investing
Cons:
• Higher fees than average
• Mostly Actively Managed Investments
• Can be marketed in a legalistic way.
If you are interested in how you can implement Biblically Responsible Investing in your portfolio, we’d love to help. Visit Christianretirementplanner.com or email me at eric@schrumpw.com
Resources in Show:
Christian Retirement Planner Website: https://www.christianretirementplanner.com/
Free Retirement Assessment: https://www.christianretirementplanner.com/your-free-retirement-assessment
Episode 7 with Robert Netzly: https://podcasts.apple.com/us/podcast/the-christian-retirement-show/id1530097100?i=1000515052460
Listen to the Show online: https://www.christianretirementplanner.com/blog-01
Listen to the show via apple: https://podcasts.apple.com/us/podcast/the-christian-retirement-show/id1530097100
Listen to the show via Spotify: https://open.spotify.com/show/2CvP6jKwvQM9UHCVNbAmVI?si=DnJ7cAotSai8yYTlNirRlw
Hello everyone and welcome to this week’s show! For today’s episode I thought we would discuss something that is always on everyone’s mind and also is more light hearted than last week’s episode. Which if you missed I highly recommend going back and listening to because we discussed the tragic situation in Ukraine happening right now and how that might affect your retirement. Plus, in that episode I share 2 strategies you can employ as a retirement saver or retiree to combat volatility and global uncertainty to ensure you are growing but also protecting your money for your future.
7 Best Ways to Save Money in 2022:
- Track your expenses not your budget
- Put together a plan to pay off debt
- Meal plan the week ahead
- Put together a savings plan
- Cancel unused subscriptions
- Don’t shop at brand name stores
- Find fun things to do in your hometown that don’t cost a fortune!
I had a blast putting together this list, so please share what you do to save money and enhance your life at the same time!
If you are looking for a financial advisor in Raleigh, NC, a financial planner in Raleigh, NC, or a financial planner that has the ability to work with you wherever you are and shares your Christian Faith then you are in the right place. Visit www.christianretirementplanner.com to learn more.
Resources in Show:
- Christian Retirement Planner: www.christianretirementplanner.com
- Free retirement assessment: https://www.christianretirementplanner.com/your-free-retirement-assessment
- Listen to the show online: https://www.christianretirementplanner.com/blog-01
- Listen to the show on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-christian-retirement-show/id1530097100
- Listen to the show on Spotify: https://open.spotify.com/show/2CvP6jKwvQM9UHCVNbAmVI?si=DnJ7cAotSai8yYTlNirRlw
Last weeks show about the Ukraine and Russia Conflict:
- Online- https://www.christianretirementplanner.com/blog-01/how-russiaukraine-conflict-effects-your-retirement
- Via Apple Podcasts- https://podcasts.apple.com/us/podcast/ep-25-how-the-russia-ukraine-conflict-effects-your/id1530097100?i=1000552770195
- Via Spotify- https://open.spotify.com/episode/7pgmLhIpurMTQB201LrwaO?si=94397a5c364d4b45
Welcome to this week’s episode of the Christian Retirement Show! This week we are discussing the conflict between Russia & Ukraine, what this means for your retirement ,and 2 retirement strategies you can implement in times such as these.
Show Outline:
As I type, Russia has continued to escalate the conflict in Ukraine but has been frustrated by the valiant resistance of the Ukrainian military and civilian population. In addition, both Europe and the United States have imposed significant social and economic sanctions.
With all of this in mind, it may seem like a bleak outlook for the U.S. stock market but what we’ve seen is that on average the SP 500 has ben up by over 13% one year after global conflicts and while each conflict is different we don’t foresee this war between Ukraine & Russia have a long-term effect on the U.S. stock market outside of oil/gas prices.
As a retiree this means having a financial plan which can weather the short-term volatility conflicts like this cause is paramount. To help you in your retirement planning there are two retirement strategies I’d like to share with you. 1) Keep 6 months – 2 years of retirement income in cash in your portfolio. 2) Have different investment buckets for different time horizons.
To explore working with a Christian Financial Advisor and CFP® professional got to www.christianretirementplanner.com or email Eric at eric@schrumpw.com.
Resources in today’s show:
- Christian Retirement Planner website: https://www.christianretirementplanner.com/
- Get Your Free Retirement Assessment: https://www.christianretirementplanner.com/your-free-retirement-assessment
- How The Market Reacts to War: https://seekingalpha.com/article/4488660-how-stock-market-reacts-war-based-crash
How to Listen to today’s show:
- Via Web: https://www.christianretirementplanner.com/blog-01
- Via Apple: https://podcasts.apple.com/us/podcast/the-christian-retirement-show/id1530097100
- Via Spotify: https://open.spotify.com/show/2CvP6jKwvQM9UHCVNbAmVI?si=cdANypiGQcqroCk0ATQxgA&dl_branch=1
On this week’s Christian Retirement Show, CFP Professional Eric Schrum discusses what Retirement should look like for Christians.
It’s a question which is asked often and the answer is Yes, retirement should look different for Christians! During the episode Eric shares 2 take-aways from romans 15:15-24 for the retiree or for someone who is nearing retirement:
- God has a calling for you now and in retirement, and that calling is different for everyone.
- Your retirement is going to look different because of the hope and purpose you have on your life.
If you are someone who is nearing retirement or in retirement and are in need of an investment plan, and retirement plan, or both, go to www.christianretirementplanner.com and click “Free Assessment” to start the process or simply email eric@schrumpw.com.
Resources in today’s show:
Christian Retirement Planner website: https://www.christianretirementplanner.com/
Get Your Free Retirement Assessment: https://www.christianretirementplanner.com/your-free-retirement-assessment
How to Listen to today’s show-
Via Web: https://www.christianretirementplanner.com/blog-01
Via Apple: https://podcasts.apple.com/us/podcast/the-christian-retirement-show/id1530097100
Via Spotify: https://open.spotify.com/show/2CvP6jKwvQM9UHCVNbAmVI?si=cdANypiGQcqroCk0ATQxgA&dl_branch=1
Today’s Bible Verse: https://www.biblegateway.com/passage/?search=Romans%2015%3A15-24&version=NIV
Eric featured in Business Insider: https://www.businessinsider.com/personal-finance/what-financial-advisors-think-of-early-retirement-2021-11
Welcome to this week’s episode of The Christian Retirement Show! Today we are talking about 3 ways to access your retirement savings early…penalty free! You heard that right!
Typically went it comes to retirement accounts and generating retirement income in an early retirement, a retiree must wait until the fateful age 59 ½ before accessing their funds. This is because withdraws prior to age 59 ½ incur a 10% penalty! But take hope, there are a number of strategies which allows retirement savers to start retirement income early.
-
The Rule of 72t allows you to take substantially equal payments early each year from an IRA account as long as you take those withdraws foe 5 years or until you reach age 59 ½
-
The rule of 55 allows you to withdraw retirement money from your current employers 401k early as long as you retire age 55 or later.
-
You are able to access contributions in a roth ira at any time penalty and tax free! If you and a spouse saved $6k per year into a roth ira for 25 years that would amount to $300k you could access prior to age 59 ½. Not bad!
If you are in need of a retirement or investment plan, visit www.christianretirementplanner.com or email eric@schrumpw.com
Resources in today’s show:
Christian Retirement Planner website: https://www.christianretirementplanner.com/
Get Your Free Retirement Assessment: https://www.christianretirementplanner.com/your-free-retirement-assessment
Eric featured in Business Insider: https://www.businessinsider.com/personal-finance/what-financial-advisors-think-of-early-retirement-2021-11
How to Listen to today’s show-
Via Web: https://www.christianretirementplanner.com/blog-01
Via Apple: https://podcasts.apple.com/us/podcast/the-christian-retirement-show/id1530097100
Via Spotify: https://open.spotify.com/show/2CvP6jKwvQM9UHCVNbAmVI?si=cdANypiGQcqroCk0ATQxgA&dl_branch=1
On this week’s Christian Retirement Show CFP® Professional Eric Schrum talks about the number 1 threat to your retirement investments and how to thwart it!
Recently Dalbar, INC. released a shocking study that has high importance to retirement savers. Dalbar’s study showed that while the SP 500 over a 20 year period returned over 6% per year, the average stock market investor returned just over 4%. A gap of almost 2% per year.
But the news get’s worse. A a retirement investor and saver you are likely in that camp! But don’t worry, Eric shares 3 ways to overcome this retirement risk.
First, Eric Shares that the foundation of winning in investing and retirement planning is to have a written financial plan that acts as a map for all of your financial decisions.
Second, Eric shares that often the best course of action is scary markets is actually taking no action at all! As Gene Fama says “Your money is like a bar of soap, the more you handle it the less you’ll have.”
Finally, Eric shares that having a basic education on the history of the stock market can help demonstrate that although sometimes market downturns feel scary, history shows us markets recover and grow over the long term!
Resources in today’s show:
Christian Retirement Planner website: https://www.christianretirementplanner.com/
Get Your Free Retirement Assessment: https://www.christianretirementplanner.com/your-free-retirement-assessment
Link to Dalbar’s study: https://www.thebalance.com/why-average-investors-earn-below-average-market-returns-2388519
How to Listen to today’s show-
Via Web: https://www.christianretirementplanner.com/blog-01
Via Apple: https://podcasts.apple.com/us/podcast/the-christian-retirement-show/id1530097100
Via Spotify: https://open.spotify.com/show/2CvP6jKwvQM9UHCVNbAmVI?si=cdANypiGQcqroCk0ATQxgA&dl_branch=1
Welcome! To this week’s episode of the Christian Retirement Show! We are jumping back into our Top 10 market Surprises for 2022 and why they are important for Retirement Savers!
Joining us during our show is the founder and president of Schrum Private Wealth Management-and my father! Owen Schrum. Owen, received is CIMA® and MBA designations from the Wharton School of Business at The University of Pennsylvania and brings over 30 years of wealth management experience to Schrum Private Wealth Management.
How to Listen to Today’s Episode:
Christian Retirement Planner: https://www.christianretirementplanner.com/blog-01 Apple: https://podcasts.apple.com/us/podcast/the-christian-retirement-show/id1530097100 Spotify:https://open.spotify.com/show/2CvP6jKwvQM9UHCVNbAmVI?si=cdANypiGQcqroCk0ATQxgA&dl_branch=1
Resources in Today’s Episode:
Christian Retirement Planner Website: https://www.christianretirementplanner.com/ Free Retirement Assessment w/ Eric: https://www.christianretirementplanner.com/your-free-retirement-assessment Eric Featured in Business Insider: https://www.businessinsider.com/personal-finance/what-financial-advisors-think-of-early-retirement-2021-11 Byron Wein’s 10 Surprises of 2022: https://www.businesswire.com/news/home/20220103005259/en/Byron-Wien-and-Joe-Zidle-Announce-the-Ten-Surprises-of-2022 Owen’s article on U.S. News & World Report: https://money.usnews.com/money/blogs/the-smarter-mutual-fund-investor/articles/why-investors-should-know-byron-wien
This week we are diving into Byron Wein’s 10 surprises for 2022 and why they may be important for retirement savers!
Each year for the past 37 years, legendary investor Byron Wein shares 10 surprises that could happen in the stock market and economy in the year ahead. These surprises are not guarantees, but rather events he thinks have a greater chance of happening than the average investor believes, making it a fun exercise to expand our knowledge as retirement investors.
How to Listen to today’s episode:
Via christianretirementplanner.com: https://www.christianretirementplanner.com/blog-01 Via Apple: https://podcasts.apple.com/us/podcast/the-christian-retirement-show/id1530097100 Via Spotify: https://open.spotify.com/show/2CvP6jKwvQM9UHCVNbAmVI?si=cdANypiGQcqroCk0ATQxgA&dl_branch=1
Resources in today’s episode: Christian Retirement Planner Website: https://www.christianretirementplanner.com/ Free Retirement Assessment w/ Eric: https://www.christianretirementplanner.com/your-free-retirement-assessment Eric Featured in Business Insider: https://www.businessinsider.com/personal-finance/what-financial-advisors-think-of-early-retirement-2021-11 Byron Wein’s 10 surprises of 2022: https://www.businesswire.com/news/home/20220103005259/en/Byron-Wien-and-Joe-Zidle-Announce-the-Ten-Surprises-of-2022
The end of the year is upon us which means there is a lot to do to get ready for 2022. One thing you do not want to neglect is making sure your finances are in order. As someone in retirement or someone who is preparing for retirement, you want to make sure that you take care of all the various financial planning items that become due on 12/31 of each year.
On today’s episode we start a series where we will address 3 financial planning tips you should consider before the year is over.
Show Outline:
To begin the episode CFP Professional Eric Schrum discusses the benefits of maxing out your 401k if you have extra money left over. These benefits included tax breaks and super charging your retirement account. Next, Eric shares an often overlooked topic but something that is crucial to all of your advisors working on the same page- Scheduling a meeting with your CPA & Financial Advisor. Finally Eric discusses the often complex topic of Tax Loss Harvesting!
Resources Provided in this episode: Eric’s feature in Business Insider- https://www.businessinsider.com/personal-finance/what-financial-advisors-think-of-early-retirement-2021-11 Christian Retirement Planner Website- www.christianretirementplanner.com Email Eric- eric@schrumpw.com Link to Show on Apple- https://podcasts.apple.com/us/podcast/the-christian-retirement-show/id1530097100 Link to Show on Spotify- https://open.spotify.com/show/2CvP6jKwvQM9UHCVNbAmVI?si=cdANypiGQcqroCk0ATQxgA&dl_branch=1
Today I’m talking about Retirement Planning, but not like you’ve ever heard it before.
While we can talk about retirement strategies and retirement income plans until the sun goes down, shouldn’t we first stop to ask ourselves, when is it wise to save for retirement and when do our retirement goals turn into sinful idols?
On today’s episode we are addressing a question I hear often which is, I want to save and invest for retirement, but I know the Bible tells me I should give. Sometimes the Bible even tells people to give everything away! Is saving for retirement sinful or should I feel OK about my desires for a secure financial future?
How to Listen to this week’s show:
Listen in Apple: https://podcasts.apple.com/us/podcast/the-christian-retirement-show/id1530097100
Listen in Spotify: https://open.spotify.com/show/2CvP6jKwvQM9UHCVNbAmVI?si=cdANypiGQcqroCk0ATQxgA&dl_branch=1
Episode Links and Free Resources
Randy Alcorn’s Article: https://www.epm.org/blog/2019/Sep/20/balance-scripture-saving-giving
Christian Retirement Planner Site: https://www.christianretirementplanner.com/
Eric’s Twitter: https://twitter.com/EricSchrum
Eric’s Linkedin: https://www.linkedin.com/in/ericschrum/
Listen to more Episodes: https://www.christianretirementplanner.com/blog-01
On this week’s show we discuss one of the craziest financial stories of the year, how an “investor” turned a $8,000 investment into $5.7 billion dollars! We also examine a retirement article from the Motley Fool about Dangerous Retirement Myths. Are the main stream financial media articles about retirement worth paying attention to? We’ll let you know in this week’s episode.
Outline of this episode:
[1:15] Weekly Money Bible Verse [2:00] Dangerous Retirement Myths [2:15] Retirement Myth 1 [3:53] Retirement Myth 2 [5:11] Retirement Myth 3 [6:30] Retirement Myth 4 [9:20] How to turn $8k into $6 billion
In summary, it’s always best to do the extra research or hire a respected financial planner when it comes to your retirement plans so that you do not fall into the trap of relying on inaccurate information that sounds true but will lead you to make costly mistakes with your hard-earned retirement money.
If you missed last week’s Christian Retirement Show all about Social Security, be sure to go back and check that episode out here. In the episode we dive into whether social security is something you can rely on as you plan for retirement despite the fact that the Social Security Administration has projected the social security trust fund to be insolvent within 15 years.
While this may sound scary, as a financial planner I share my thoughts around why I think retirees can rest soundly knowing their social security benefits will not be taken away.
Resources mentioned in this episode:
Motley Fool Website: https://www.fool.com/
Motley Fool Article on Retirement Myths: https://www.fool.com/retirement/2021/11/09/dontbuy-into-these-dangerous-retirement-money-myt/
Last Podcast Episode on Social Security: https://www.christianretirementplanner.com/blog-01/christian-retirement-show-ep-16-social-security-going-run-out
Christian Retirement Planner Website: https://www.christianretirementplanner.com/
Eric’s Twitter: https://twitter.com/EricSchrum
Linkedin: https://www.linkedin.com/in/ericschrum/
Are you a Christian who is diligently saving for Retirement and stay up at night with that nagging question….”Is Social Security going to be there when I retire?” Or maybe you are a Christian who is already retired and your question is “Wow, I’m taking Social Security right now, is it going to go away?!?
Well today we tackle that very important Social Security question. We look at an article on Market Watch written by Brett Arends which examines the effect Covid has had on the Social Security Trust fund, as well as the health of Social Security overall! Spoiler, it’s not great!
We also hear from some listener reviews and I share some exciting news about the launch of our new website made for listeners of this show and Christian’s who are planning or in retirement. www.christianretirementplanner.com
Outline of this episode:
[1:50] New website announcement [2:33] Listener Reviews [3:30] Social Security Market Watch Article Overview [7:00] Wharton School of Business review on Social Security Running Out [11:50] Authors Opinion on how to fix the Social Security Crisis [13:45] Eric Schrum’s opinion on what will happen to Social Security
To begin, the author outlines the warning from Wharton Professor Olivia Mitchell who warns Social Security could become insolvent by early 2029! This is an accelerated timeline from official Social Security projections which predict social security to run out in 2034, still not an optimistic date.
Olivia Mitchell believes that covid has caused job losses that are lowering the social security tax being payed into the social security trust fund and has caused many workers near retirement to retire early, thus drawing down social security benefits earlier than expected.
The original author Brett Arends then offers his solutions for fixing this crisis including, increasing the social security age (again), lowering the payout retirees receive from social security, as well as having the most wealthy Americans foot the bill for retirees social security.
Fina;ly, Eric offers his opinion and tells retirees in or entering retirement to rest easier than the doomsday picture outlined in the article depicts. Eric believes social security will get picked up by the government and remain a retirement mainstay for the long-term.
Resources and people mentioned in this episode:
Market watch article by Brett Arends: https://www.marketwatch.com/story/social-security-could-be-insolvent-within-8-years-economist-warns-11629891784
Listener Reviews: https://podcasts.apple.com/us/podcast/the-christian-retirement-show/id1530097100
New Christian Retirement Website: www.christianretirementplanner.com
This week on The Christian Retirement Show, Eric talks about a topic that is sure to make people in the wealth management industry mad!
That topic is 3 types of financial advisors you should avoid to have the best retirement and relationship with your financial advisor!
To work with Eric, please email eric@schrumpw.com or visit www.schrumpw.com to start the conversation.
Today we have an amazing show for you! I sit down with the one and only Tec Clark to talk about the amazing underwater world, his career in scuba, and what a different approach to retirement can look like for Christians.
Be sure to check out God's Underwater World and use code: "GUW25" for 25% off! https://www.scubaguruacademy.com/p/gods-underwater-world
To work with Eric go to schrumpw.com or email eric@schrumpw.com
To work with Eric please visit www.schrumpw.com or email eric@schrumpw.com
On today's episode, Eric discusses a recent Kiplinger article titled into "3 Retirement Mistakes You May Be Making Right Now."
Eric explores whether the investment news out there is reliable by highlighting the good and bad in this retirement advice article. Eric also talks about the modern space race between Jeff Bezos & Sir Richard Branson.
To explore the retirement article further you can find it linked here: https://www.kiplinger.com/retirement/retirement-planning/603135/3-retirement-mistakes-you-may-be-making-right-now
On this week's Christian Retirement Show Eric sits down with Author and Scholar Todd Von Helms to discuss his newest book "Before You Leave: For College, Career, & Eternity." Eric & Todd also discuss what the Bible has to say about finance, money, and how to be a great steward while not giving into legalism.
To order Todd's book visit Amazon or Todd's Website.
To work with Eric please visit Schrumpw.com or email eric@schrumpw.com
On this week's episode of The Christian Retirement Show, host Eric Schrum discusses the best retirement accounts to use for retirement savings and how to use them.
To work with Eric, please visit schrumpw.com or email Eric at eric@schrumpw.com.
On today's Christian Retirement Show, Eric is joined by Lindsay Wrege. Lindsay started 321 Coffee while in college to employ people with special needs and make a great cup of coffee in the process.
To learn more about working with Eric you can visit www.schrumpw.com
To learn more about 321 coffee visit their location at the Raleigh Farmers Market and visit their website at https://321coffee.com/
On this week's episode Eric shares 5 rules every one needs to follow to be successful planning and investing for retirement.
Eric is a CFP® professional who specializes in helping Christians plan and invest for retirement. To learn more about working with Eric please visit www.schrumpw.com and click "Free Portfolio Review" to start the conversation
In this show Wealth Management Advisor and CFP® Professional Eric Schrum talks about the crazy week in Bitcoin, Elon Musk, and Basics you need to know about Traditional IRAs.
As always, Eric is here for your Retirement Planning and Investing needs. You can visit www.schrumpw.com and click free portfolio review for a free retirement assessment!
Learn exactly what Biblically Responsible Investing is and how you can implement it in your investments with the founder & CEO of the world's largest BRI ETF provider, Robert Netzley.
On this week's episode Eric sits down with former All-American wrestler, Team USA Olympic Trialist, Ivy League Alumn, Div. 1 Coach, and fellow believer Adam Hall to discuss the financial and life lessons he's learned through challenges and success.
In this week's episode Eric discusses 5 things which may have an impact on the markets and the economy in 2021!
Eric speaks with Summit Church Campus Pastor John Muller and ask him all the questions you've always wanted to ask your pastor but haven't had the chance or the nerves to ask!
Eric explores 5 ways tangible ways Christians can win with money and how to implement them into your life!
Eric talks with Colo-rectal surgeon Dr. Jason Mizell. Dr. Mizell is an accomplished surgeon who also teaches the highest attended elective class at UAMS about personal finance and investing. In this week's episode Dr. Mizell & Eric discuss the financial lessons Dr. Mizell has learned through his career, what he teaches new Doctors about their finances, and what it's like to work in a demanding profession!
On this episode of The Faith First Advisor Eric talks with Adam Burt about his journey playing 14 seasons in the NHL, becoming a pastor in New York City right after 9/11, becoming the NY Jets team chaplain, and the financial lessons he learned along the way.