Create a 1 page page paper that discusses financial stewardship. Financial Stewardship Financial Stewardship Planning for my retirement is one major issue in my life.&nbsp.People spend years build

Create a 1 page page paper that discusses financial stewardship. Financial Stewardship Financial Stewardship Planning for my retirement is one major issue in my life.&nbsp.People spend years building their nest egg so as to retire when they are financially and mentally prepared. As a Christian, managing your finances is an inevitable task.

As such, I will adopt cash-balance plan so as to achieve my retirement objective. That is, instead of my retirement benefits being subjected to a formula which takes into consideration how long I was on my job and my average income during my last years of employment, this plan will credit my account with certain set percentage of my income each year, classically 5%. Moreover, it will give me a given interest rate which is applied to my balance. Every year, I will get a statement which displays the theoretical value of my account and what kind of monthly salary pay-out that will accrue when I retire.

The aspect of retirement is fluctuating and strategizing for a safe future for myself and my family requires a cautious plan which takes into consideration the present stress on my employer retirement&nbsp.strategies and the gaps in Social Security. Just like building a legacy, strategizing for my retirement is an enduring process. In Proverbs 6 : 1-5, the bible persuades us to managing our finances so as to avoid borrowing. Moreover, according to the statistics given, the earlier I start planning for retirement, the more equipped I will be when I finally retires. There are a lot of benefits of embarking on retirement saving early.