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Stories tagged with: retirement

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  • GuideStone: Don't panic over stock market volatility

    by Roy Hayhurst, posted Wednesday, January 31, 2018 (23 days ago)

    DALLAS (BP) -- Volatility in 2018 may buffet the financial markets, which have grown feverishly since the election of Donald Trump in November 2016, according to retirement account assessments by leaders of GuideStone Financial Services.

    Such was the case Jan. 30 when the Dow Jones Industrial Average fell 1.4 percent, or 363 points.

    During 2017, however, all three major equity market indices -- the Dow Jones Industrial Average, the S&P 500 and the NASDAQ -- set record highs more than 60 times. The Dow climbed 28.11 percent; the S&P 500 climbed 21.83 percent; and the NASDAQ climbed 29.64 percent. Read More

  • Rethinking missions and retirement

    by Paul Akin , posted Tuesday, January 23, 2018 (one month ago)

    RICHMOND, Va. (BP) -- Baby Boomers -- those born between 1946 and 1964 -- are currently heading into retirement at an unprecedented rate. Data suggests that on average, 10,000 Baby Boomers retire every day.

    Recent research also suggests that the average Baby Boomer is expected to live at least until age 84. Couple those two realities together and what you have is a generation of people who are retiring and, on average, will live for nearly another 20 years. The implications of these truths are massive for Christians and churches and missions. Read More

  • Gateway alum, 97, found a rejuvenating retirement

    by Tyler Sanders, posted Monday, August 07, 2017 (6 months ago)

    ONTARIO, Calif. (BP) -- One of the unofficial mottos of Gateway Seminary -- "the mission matters most" -- is exemplified in the ministry of Wayne Eurich, who may be the oldest living graduate of the Southern Baptist seminary.

    Eurich graduated in 1950 with a bachelor of theology degree as part of the second graduating class of then-Golden Gate Baptist Theological Seminary. As a student, he pastored Baptist churches in Fairfield and Novato, Calif. Read More

  • FIRST-PERSON: Never retire!

    by Joe McKeever, posted Friday, May 20, 2016 (one year ago)

    Joe McKeever cautions against retiring too soon. "God may be using you "in ways you cannot imagine," he writes."People coming behind you are watching to see how you handle the challenge of seniority in these last decades. Your influence is phenomenal." Read More

  • Platt announces live streamed Q&A

    by Diana Chandler, posted Monday, February 29, 2016 (one year ago)

    RICHMOND, Va. (BP) -- International Mission Board President David Platt will host a one-hour live streamed video session on the entity's future at 11 a.m. Eastern Time March 3, answering questions and responding to comments submitted via Twitter under #IMBLive.

    Platt has expressed a desire to move the conversation beyond discussion of the 983 missionaries and 149 stateside staff members leaving IMB through a Voluntary Retirement Incentive (VRI) and a Hand Raising Opportunity (HRI) collectively aimed at balancing the entity's budget. Read More

  • Platt: IMB to handle added VRI, HRO costs

    by Diana Chandler, posted Friday, February 26, 2016 (one year ago)

    RICHMOND, Va. (BP) -- The International Mission Board is "fairly confident" it will be able to handle additional costs incurred by a larger than anticipated reduction of its workforce in the organization's "reset" to balance its budget, according to IMB President David Platt.

    The 2016 budget already had a $23 million deficit, based on an anticipated 600-800 personnel taking the Voluntary Retirement Incentive (VRI) and Hand Raising Opportunity (HRO). But 1132 missionaries and stateside staff opted to take the incentives, Platt announced Feb. 24. Read More

  • IMB: 1,132 missionaries, staff accept VRI, HRO

    by BP Staff, posted Wednesday, February 24, 2016 (one year ago)

    NASHVILLE (BP) -- The International Mission Board announced today (Feb. 24) that 983 missionaries and 149 stateside staff have transitioned outside the mission entity during the past six months as a result of its voluntary retirement and resignation programs.

    IMB President David Platt told trustees the organization now expects to operate a balanced budget for 2017 due to its 2015-16 organizational "reset" processes and the generosity of Southern Baptists who have given sacrificially. Read More

  • WMU Exec. Director Wanda Lee announces retirement

    by Julie Walters, posted Wednesday, January 13, 2016 (2 years ago)

    BIRMINGHAM, Ala. (BP) -- Wanda Lee announced a search committee will be appointed to seek her successor as executive director/treasurer of national Woman's Missionary Union at the group's board meeting, Jan. 9-11.

    During the meeting, WMU also heard mission reports and addressed ways it is assisting International Mission Board personnel who have elected to take a voluntary retirement incentive. The meeting was at Shocco Springs Conference Center in Talladega, Ala. Read More

  • IMB reset prompts reflection on ministry moves

    by David Roach, posted Friday, December 18, 2015 (2 years ago)

    IMB Photo
    RICHMOND, Va. (BP) -- The first phase in the International Mission Board's "organizational reset," completed this month, has led hundreds of missionaries to confront a question that, at some point, many in Christian service face: How do I know if God is moving me to a new place of ministry?

    The IMB has not released the results of Phase One -- a voluntary retirement incentive (VRI) offered to all staff and field personnel 50 and older with at least five years of service -- because IMB officials say employees have been asked to focus ... Read More

  • IMB notes ways to support returning missionaries

    by David Roach, posted Tuesday, December 01, 2015 (2 years ago)

    RICHMOND, Va. (BP) -- With the International Mission Board expecting hundreds of missionaries to leave their positions in the coming months, the board has published a list of ways individuals and churches can support field personnel returning to the U.S. Read More