The Christian Retirement Show

NHL Veteran and Pastor Adam Burt- The Longest Game

Episode Overview In this special episode of The Christian Retirement Show, we sit down with Adam Burt, a former NHL defenseman who stepped away from hockey to serve in pastoral ministry. He recently completed a new book that explores faith, discipline, and personal growth. During our discussion, Adam recounts the jarring impact of body checks on the ice, his shift into spiritual leadership, and the heart behind his new book: The Longest Game- Winning In Life.. Listeners will discover how Adam’s practical insights can shape a fulfilling retirement plan rooted in faith. Key Takeaways * Life Lessons from the NHL Adam offers a look inside the locker room, recalling the physical challenges of professional sports and the responsibility he felt to support his teammates. His stories reveal the values—focus, endurance, and loyalty—that followed him from the rink to the pulpit. * Faith Beyond the Arena After years of fast-paced competition, Adam leaned into a deeper calling. He opens up about the pivotal day he felt drawn to pastoral work, describing how that decision altered his priorities and sense of purpose. * Purpose-Filled Retirement Adam examines the mindset that can nurture a purposeful retirement. He highlights the importance of aligning finances and life goals with spiritual truths. Listeners will hear practical advice on dedicating time, energy, and resources to pursuits that honor God and serve others. * Sneak Peek of His New Book Adam outlines the core themes of his new project and shares why he believes faith-based practices sustain individuals through every season of life. His writing process combined deep reflection, scriptural study, and real-life experiences from his years on and off the ice. Why Listen? * Gain unique perspectives from a former NHL player turned pastor. * Explore how faith shapes retirement decisions, personal finances, and daily routines. * Learn actionable steps for living with conviction and discipline. Action Steps 1. Grab a Notepad – Jot down Adam’s suggestions for integrating faith into your retirement plan. 2. Reflect on Your Calling – Consider the ways your talents and experiences can serve others, just as Adam discovered through his transition to ministry. 3. Check Out the Book – If you’re ready for a new outlook on spiritual growth, be sure to read Adam’s latest work for deeper insights. Episode Resources * Adam Burt’s New Book: https://www.amazon.com/Longest-Game-Winning-fulfill-God-given/dp/1956370722 * More Episodes of The Christian Retirement Show: https://www.christianretirementplanner.com/blog-01

Ep. 32 Why Interest Rates Matter

Welcome to this week's episode of the Christian Retirement Show! This week we are discussing what used to be a boring topic- Interest Rates. Interest rates have been headline news in 2023 and look to keep center stage as we move into 2024. If you are interested in working with Eric please visit: https://www.christianretirementplanner.com/team-member-01/eric-schrum [https://www.christianretirementplanner.com/team-member-01/eric-schrum] To learn more about Schrum Private Wealth please visit: https://www.christianretirementplanner.com/ [https://www.christianretirementplanner.com/]

Ep. 31 We’re back! The Future of the Christian Retirement Show!

Hello! And welcome back to this week’s episode of the Christian Retirement Show! In case you’re wondering, yes! We have been on a bit of a break. Eric recently welcomed his first child and used the opportunity to take some time away from recording and make improvements to the show. During this episode, we talk about what to expect going forward with the show and also an update on the market’s this year! As always, we want to hear from you! Reach out to us with your thoughts and questions at www.schrumpw.com [http://www.schrumpw.com] or eric@schrumpw.com [eric@schrumpw.com]. If you are interested in retirement planning or investment planning with eric please visit: https://www.christianretirementplanner.com/your-free-retirement-assessment [https://www.christianretirementplanner.com/your-free-retirement-assessment]

Ep. 30 Hidden Retirement Killers! Longevity Risk

Hello! And welcome to this week’s episode of the Christian Retirement Show. Today we are continuing our series on the hidden Retirement Killers lurking just under the surface for people who are retired or are preparing for retirement and how to beat them! This week we’re talking about the biggest fear I hear from retirement savers which is longevity risk!   On today’s show we cover what longevity risk is, it’s causes, and how to overcome longevity risk so you can have a successful retirement!   Causes:   Over-spending- If your lifestyle over reaches your resources you are going to have a rough time in retirement. You may start depleting your savings & investments quickly or it may be a slow burn, but one way or another spending too much will be disastrous for your retirement plans.   Investment performance- Most retirees rely on investments to fund their retirement goals. In simple terms- inflation and the cost of living just can’t usually be funded using savings in a checking account. If investment returns during your retirement do not reach certain benchmarks- whether from poor investment decisions or poor overall market performance. This can seriously jeopardize your retirement success and be a significant challenge to overcome.    Living longer than expected- As we discuss modern medical advancements and knowledge on how to take care of our bodies has led to quickly increasing life expectancies and higher quality of life. This means that you not only have a greater chance of living longer but also have living a high-quality lifestyle as well. Now while this is great news and the alternative is not great, this can be a cause of serious concern and anxiety when retirees must face the reality of funding a retirement that is much longer than they ever thought possible.    Retirement Solutions:   Budget realistic expectations of retirement spending prior to your retirement date- What this allows you to do is head into retirement with your eyes wide open as to how much you need to live your desired lifestyle and if the resources at your disposable can fund that lifestyle. A great way to do this is by looking at your current level of spending and using that is a gauge for how much you will likely spend once retired.   Have a quality investment plan in place- that is built to withstand ups and downs in the market. This means being well diversified and not taking more risk than you are a) comfortable taking and b) should take in order to not jeopardize your retirement savings.    Build a retirement plan- What a retirement plan allows you to do is take all of your lifestyle needs- daily spending, travel, big expenses; all of your resources including retirement savings, pensions, annuities, & social security. And then run calculations to ensure your desired lifestyle can be funded by your resources.   Resources in Show:   Christian Retirement Planner Website- https://www.christianretirementplanner.com/ [https://www.christianretirementplanner.com/] Free Retirement Assessment- https://www.christianretirementplanner.com/your-free-retirement-assessment [https://www.christianretirementplanner.com/your-free-retirement-assessment] Weekly Money Bible Verse- https://www.biblegateway.com/passage/?search=Malachi%203%3A10&version=NIV [https://www.biblegateway.com/passage/?search=Malachi%203%3A10&version=NIV] Listen on Apple- https://podcasts.apple.com/us/podcast/the-christian-retirement-show/id1530097100 [https://podcasts.apple.com/us/podcast/the-christian-retirement-show/id1530097100]  Listen on Spotify- https://open.spotify.com/show/2CvP6jKwvQM9UHCVNbAmVI?si=izRw1lYiQqS0kOBE3hxUpQ [https://open.spotify.com/show/2CvP6jKwvQM9UHCVNbAmVI?si=izRw1lYiQqS0kOBE3hxUpQ]

Ep. 29 Hidden Retirement Killers! Sequence of Returns Risk.

And welcome to this week’s episode of the Christian Retirement Show. Today we are starting our series on The hidden Retirement Killers lurking just under the surface for people who are retired or are preparing for retirement and how to beat them! This means we are going to be spending the next few week’s talking about 1 of 4 different retirement killers, what they are, why they are important and what you can do to combat them. To begin we are going to be talking about one of the biggest retirement killers out there and a risk that not many people know about!   First Hidden Retirement Killer- Sequence of Returns Risk   Sequence of return risk is the risk that you might retire right when the market takes a significant drop, leaving you to start taking income from your retirement savings when your account is significantly lower than its highest value.   To combat this retirement risk there are two great retirement strategies you can employ:   1. Start lowering the risk you are taking in your retirement investments as your near retirement and just after you retire. 2. Keep 6 months to 2 years’ worth of living expenses in cash in your retirement savings leaving the rest invested. What this allows you to do is to weather any bear markets or short-term downturns in the market without having to sell investments at a low price in order to fund your retirement income needs.   If you are looking for a Christian Financial Planner, you are in the right place. Visit Christianretirementplanner.com [http://christianretirementplanner.com/] or email me at eric@schrumpw.com to start our no cost, no obligation free retirement assessment which allows you to gauge our firm and if we might be a great fit to help you in your retirement planning!   Resources in Show: Christian Retirement Planner Website: https://www.christianretirementplanner.com/ [http://christianretirementplanner.com/] Free Retirement Assessment: https://www.christianretirementplanner.com/your-free-retirement-assessment [https://www.christianretirementplanner.com/your-free-retirement-assessment] Michael Kitces Sequence of Return Risks Article: https://www.kitces.com/blog/understanding-sequence-of-return-risk-safe-withdrawal-rates-bear-market-crashes-and-bad-decades/ [https://www.kitces.com/blog/understanding-sequence-of-return-risk-safe-withdrawal-rates-bear-market-crashes-and-bad-decades/]