MATH105W3

The Scriptures makes many references to charging or producing interest. A related term in some versions of the Bible is “usury.” Notice that in some instances it is forbidden, in others it is endorsed. What kind of percentage rates are mentioned? Are these passages in conflict with each other? Is there a balanced view of interest that Scripture is professing? How does this relate to the subject about investing for retirement?

Your original post should have at least 200 words.

Optional-Go to http://compass1.org/java/RetirementPlan.html

Links to an external site.

and complete the retirement planner. If you have not yet begun saving for retirement please go ahead and put in notional numbers to get an idea of what you need to be saving in order to retire. After completing that then look at these two links: http://compass1.org/java/RetirementDistribution.html

Links to an external site.

and http://www.daveramsey.com/blog/investment-calculator/#/entry_form

Links to an external site.

. I like the last link because it helps us see how much more we can save if we give up certain items such as coffee or soda. Without revealing any specifics that you want to keep private, what are your thoughts about the time required to pay off credit card debt? What are your thoughts about preparing for retirement or the age when you will not work full time?