Or is it a series of John Piper challenges fellow baby boomers to forego the American dream of retirement and live out their golden years with a far greater purpose in mind.
Get A Copy. Kindle Edition , 32 pages. Published first published March 27th More Details Original Title. Other Editions 6. Friend Reviews. To see what your friends thought of this book, please sign up. To ask other readers questions about Rethinking Retirement , please sign up. Be the first to ask a question about Rethinking Retirement. Lists with This Book.
This book is not yet featured on Listopia. Add this book to your favorite list ». Community Reviews. Showing Average rating 4. Rating details. More filters. Sort order. This is a message all Christians need to take to heart. The new heavens and the new earth is our rest from our earthly labours, not retirement.
The concept of retirement can't be found in Scripture. It is instead part of the "American dream". Certainly a person may labour for the Lord in their later years in a way different from their regular career or vocation, but those years are not for leisure, they are for kingdom expanding, discipling, God-glorifying work. A Christian receives their sweet This is a message all Christians need to take to heart. A Christian receives their sweet rest in the next life, not in this one, and the Lord's Day is the regular rest we have in the present to sustain us and give us a taste of the rest we will one day have.
There are going to be many people who don't like hearing this message but if we are serious about following Christ and imitating the great saints of Scripture and church history, the church must separate itself from the world in this area of thought and life. Oct 03, Jonathan Roberts rated it it was amazing Shelves: , john-piper , pastoring. Short and right to the point! John Piper as his finest. Highest recommendation. This little literally - it takes minutes to read book addressed some thoughts I had been having as I approach retirement age.
Being without a spouse, I am in a different place than most couples when it comes to thinking about retirement. I have more freedom, yet planning ahead when you are alone is not easy either. Exciting and scary, but Piper has suc This little literally - it takes minutes to read book addressed some thoughts I had been having as I approach retirement age.
Exciting and scary, but Piper has such a great way of conveying his message. This book confirmed the directions my thoughts had been taking me. Sep 29, Brenda rated it liked it Shelves: challies I guess this would be a bit too long to be called a pamphlet, but as a book, it's pretty short.
Since it's short, it gets right to the point without much fluff: the majority view of retirement in our current culture is not a Biblical view. This book reinforced my feelings on the subject. Aug 21, Don Robins rated it it was ok. Is Retirement Sinful? I deeply respect Dr. John Piper for his teaching and faithful ministry through long years. I would not say that I can fully agree with His point in the book.
What I suspect he is really trying to say is, "Stay active for God to the very end. I have unfortunately see and heard such pastors who were destroying their congre Is Retirement Sinful?
I have unfortunately see and heard such pastors who were destroying their congregations by refusing to step aside retire from that place of service. I determined long ago that I would not be one of these pastors who could not step aside. I have done that. People call me retired. But, I am as active as before, just in different ways. Powerful in rethinking retirement from one of rest and relaxation to what it means to glorify Christ in our lives until the end of our lives. The book urges a total re-envisioning of how to spend our retirement years - to look up and focus on heaven and not to waste our lives on fleeting things.
Oct 23, Madeleine R St James rated it really liked it. He does an outstanding job of warning of the traps of modern retirement and the dangers of false security but offers only two examples of Christian life for Seniors and those, while excellent, are distant in time and experience.
I much prefer the work of Dr. His Six Essentials course and workbook covers practical steps for Seniors to contribute to the church and future generations.
He is as Scripturally sound as Piper but more completely shows the path for fulfilling Senior years. Jun 26, Dale Thompson rated it really liked it. A valuable reminder, a call to non-conformity that champions and at one time described my generation. We began as a generation born to post world war parents. We were non-conformist.
We brought blue jeans from the common laborer to fashion street NYC. We proclaimed peace and love as the preferred climate for living. We challenged our government and corporate America. We birth the Jesus Movement in the face of a specialized church.
Simplicity was our mantra. What now? Will we die as gluttonous con A valuable reminder, a call to non-conformity that champions and at one time described my generation. Will we die as gluttonous consumers? I hope not. I'm not a huge fan of Piper but this little booklet is a good "thought provoker". It's exactly what the title suggests and provides some very good kindling for rethinking these important years.
Piper's Calvinism shines through but it's not overpowering and I can agree with his train of thought, especially the conclusion. Should not even be called a book, more like a pamphlet.
Hard to identify with that. I get the point but it was poorly done. Apr 21, Samuel rated it liked it. Short, but some good thoughts This book was pretty short, but included some pretty inspiring stories and encouragements to not waste our retirement years, but to live them for Christ! A good explanation about how the current American idea of retirement isn't Biblical, and what we should be doing with our "golden years. Occasionally, pension fund investments help finance acquisitions that cause plan participants to lose their jobs.
See Webber, supra note 5, at See Donovan v. Bierwirth, F. In both cases, the trustees refused to sell their shares to the would-be acquirer, even though the acquiring firm was offering a hefty premium. Bierwirth , F. The trustees justified their actions because they believed the takeover would result in mass firing and wage cuts among current employees, so the best way to ensure the economic security of plan participants was to prevent the takeover from occurring, even if it meant potentially sacrificing fund returns.
ERISA has all but required trustees to invest plan assets in industries that have been the primary drivers of the climate crisis. Until a few years ago, the oil and gas sector consistently outperformed the market. Funds that avoid entire sectors — such as fossil fuels — for social or environmental reasons tend to experience lower risk-adjusted returns due to the loss of diversification.
Trustees have dutifully complied. Robert J. These firms have been able to externalize social and environmental costs that must then be internalized by comparable ESG firms, skewing profitability analyses in favor of the former. What is notable for our purposes is the extent to which the retirement assets of everyday Americans have helped finance the industries primarily responsible for climate change, not because of an explicit mandate in ERISA, but simply because of a supposedly value-agnostic rule to maximize returns.
On the surface, it is not unreasonable to design a retirement-savings regime around maximizing fund returns. However, there is a strong case to be made that a fund-maximization mandate, pursued at scale, is not the best way to achieve economic security for the greatest number of workers. The systemic risks imparted by investment managers who follow a fund-maximization approach might in fact exceed the portfolio risks that such an approach promises to minimize.
The communities most affected by climate change are those that are already the most marginalized to begin with. See generally S. Building a better regime first involves reimagining what retirement assets can do. What if our retirement savings could provide affordable financing for Black-owned homes and businesses — which have closed at twice the rate of white-owned businesses during the pandemic — and help close the racial wealth gap that has left Black families with less than one-tenth the wealth of white families?
Even under the current regime, there are ways for workers to use their retirement assets to invest in their own communities. They each opened a checking account at a local bank or credit union, made tax-deferred contributions from their self-employment income or made a rollover from a preexisting retirement plan, and they now manage their retirement savings with no involvement by a custodian or financial intermediary. See generally id. Aside from administrative costs, there is nothing preventing employers from similarly making each employee a trustee and administrator of their own portion of a k plan.
Lift Econ. Now, each worker has a separate checking account for their portion of the k , and each worker manages their own investments. People Power Solar Coop.
For her community, this means job creation, lower-cost electricity, reduced emissions, climate resilience, and supporting a worker-driven alternative to the corporate-controlled utility responsible for significant wildfire destruction and rolling blackouts in California.
Because of this, conscientious investors may instead want to free their assets from the restrictive confines of k s and IRAs. Investors may want to avoid contributing money to these plans going forward, or they may look for ways to remove money from existing plans, including by taking revolving personal loans from the account or by taking an early withdrawal or a hardship withdrawal.
Of course, many American workers do not have the financial literacy to manage their retirement accounts effectively, and many lack the financial cushion to sacrifice returns on their account or absorb taxes and penalties associated with opting out of the current system. Gillian B. We need systemic reforms to remove the burden from individual workers. Accordingly, we can imagine a regime that incentivizes people to use their retirement assets to foster climate resilience, stable local economies, and social justice — rather than one that penalizes them for doing so.
There is already a growing movement in this direction. The past decade has seen a rise in the creation of local community investment funds that provide returns to investors while financing local businesses, nonprofits, and cooperatives.
See generally Brian Beckon et al. Such funds have recently been launched in more than a dozen cities across the country. The current infrastructure of local investment funds is not ready to absorb more than a small fraction of the retirement assets that can be deployed as usable capital. However, state and federal governments can help facilitate, incentivize, and stabilize investments that build thriving communities and environments.
The Treasury Department already oversees more than 1, community development financial institutions CDFIs , which seek to serve as engines of local economic development. Many CDFIs raise money by offering notes to individual investors. California FarmLink, for example, made a direct public offering of promissory notes in California in , with legal support from the Sustainable Economies Law Center. See Cal. Government agencies could serve as intermediaries, investing in several CDFIs and then offering securities to individual investors — and retirement plan trustees — that provide exposure to a diversified portfolio of local investments made by CDFIs or community loan funds.
See Robert C. If some investments are riskier than their capital-market alternatives, the government can step in as guarantor. For a discussion of the tradition of the state as guarantor of primary market debt, see id. And to further incentivize such investments and supplement returns, governments can offer tax incentives.
See Subarna Mitra et al. Organized Inv. Both state and federal tax credits could be used to incentivize investing in regenerative enterprises such as farms, solar cooperatives, and worker cooperatives.
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