What is a Faith-Based Retirement Plan?
The purpose of a Faith-Based Retirement Plan is to prepare Participants financially for a lifetime of ministry. It is to provide investment knowledge and stewardship tools to support that goal. It is to encourage active engagement with present and future stewardship issues. The purpose is to develop in your Participants a Future Funded Ministry mentality—ensuring a lifetime of service.
What are Faith-Based Funds?
The Investment Policy Statement and the investments themselves can promote and reflect a Christian Stewardship perspective. There are a growing number of successful mutual funds that screen for faith-based issues. The holdings within the Faith-Based Investments strictly avoid businesses involved in areas such as abortion and pornography and generally screens out businesses involved in gambling, alcohol, tobacco and war products.
Include a representative grouping in your investment menu and explain to your Participants why they are there. They are there to allow a Participant to match their investing activity with their personal values.
What is Faith-Based Retirement Education?
What we teach and how we lead impacts all those associated with the plan. When we provide only a secular perspective, we end up with secular values. When we present a faith-based perspective, we end up with faith-based values. With money being mentioned in more Bible verses than any other subject, it seems clear that God knew and thinks it is important.
A faith-based retirement plan takes the best elements of a secular plan and enhances it with christian values and perspective. You start with a bigger purpose, you add investments that reflect your values, and you educate with God’s perspective. Your vendors support these positions based on their development and delivery of faith-based retirement planning tools, information, and support.
Envoy specializes in working with faith-based organizations and the unique needs of ministries and missionaries. Click here to learn more.