The 5-Step Pastor Retirement Action Plan: How to Know If You Are Ready
Are you financially and emotionally prepared for life beyond the pulpit? For many pastors, retirement planning remains something they intend to “get around to” later. But retirement becomes much easier to navigate when you know exactly where you stand—and what needs to be done before your final Sunday. The good news is that you do not need to have everything figured out today. You need a clear starting point, honest numbers and a practical action plan. The 5-Step Pastor Retirement Action Plan™ provides a simple framework for evaluating your retirement readiness and identifying the gaps that need attention. The original strategy recommends calculating your retirement number, identifying your income gap, auditing your assets, building additional income streams and creating a pulpit-to-retirement transition plan. Let's walk through each step. Step 1: Calculate Your Retirement Number Before you can determine whether you are ready for retirement, you need to know wha...