Episode 85: Are You Retirement Ready? Why Now is the Time for a Retirement Checkup
In this week’s episode of Faith & Retirement, Jay Peroni, CFP® dives into one of the most pressing questions for listeners: Are you truly retirement ready? Many people assume their savings and 401(k)s are enough, but Jay explains why a Retirement Readiness Checkup is essential to uncover hidden risks and ensure alignment with both financial goals and biblical values.
Jay introduces his “screen and clean” process, likening it to a health screening that uncovers issues investors never realize they have. By filtering out morally compromised companies—such as those tied to abortion, pornography, or gambling—and financially unstable ones, clients not only regain spiritual peace but often see stronger performance. Real-life stories, like a couple who unknowingly held gambling stocks, or a widow who gained $30,000 in additional annual income after her portfolio was restructured, illustrate the impact of active, faith-aligned management.
The discussion also covers “orphan accounts”—old 401(k)s left behind at past employers—where high fees and unbiblical investments hide. Jay highlights how consolidating accounts or using in-service rollovers after age 59½ can simplify, reduce costs, and align savings with Christian stewardship.
Beyond investments, Jay addresses red flags with advisors, the proper role of annuities, and the five critical areas of a financial MRI: income, investments, taxes, healthcare, and legacy. He reminds listeners that waiting to act is risky, comparing preparedness to Noah building the ark before the rain.
Listeners are encouraged to schedule their free Retirement Readiness Checkup at faithandretirement.com, ensuring their finances are managed with clarity, confidence, and Christ at the center.
