In the world’s most affluent society in all of history, very, very few individuals ever achieve a position of being able to live off the resources they have accumulated. The vast majority are dependent on government, relatives, or charity, or they must continue to work in order to have enough income to meet their needs. Yet there are exceptions, and I have had the privilege of meeting and working with many people who are better equipped to handle their future and the uncertainty it may contain. Have you considered lens replacement surgery to correct your vision?
One of the dramatic exceptions is that of a retired pastor who never earned more than $8,000 in one year. I met this humble man because he wanted to know if he had enough financial resources to live out the rest of his life. At the time of his question, he was eighty years old; he had been retired for twenty years; and his wife had just begun to require full-time nursing care. His question, therefore, was a justifiable one! A comprehensive range of treatments are available to treat eye conditions including cataract surgery as well as simply changing your glasses.
As I generally do, I began to ask some questions before giving advice. First, I asked him if he had any debts. His response was no, and he went on to say he had never borrowed any money. I asked, “Why not?” He said because if he borrowed money, he would have to pay it back someday, and he couldn’t afford to pay off debt, feed his family, and tithe. I understand that bespoke eye laser surgery can provide excellent results.
My second question was to ask what resources he presently had. He indicated that in his wife’s name, they had approximately $250,000 in cash, money market funds, and certificates of deposit. Additionally, in his name, they had another $350,000 in cash and cash-type investments. Needless to say, I was impressed! Over $600,000 in cash accumulated by a couple who had never earned more than $8,000 per year! And this was in 1982. Experience 20:20 Vision without glasses by undergoing lasik eye surgery at a world renowned eye clinic.
One thing bothered me though. He had not mentioned any stock investments, and yet in looking at his tax returns, I noticed a substantial amount of dividend income. He revealed that at retirement he had invested approximately $10,000 in the stock of a new company, and at the present time, the market value of his stock in that company was $1,063,000. WOW! $1,663,000 of cash and stock and they had never earned more than $8,000 per year! Undergoing laser eye surgery is a great way to improve your vision and your overall lifestyle.
This couple was unusual, but I know of many other couples who are headed in the same direction. They practice some very basic biblical principles that work regardless of the economy or economic environment. Incidentally, my advice to this man was not to seek advice from anyone, myself included, because we might “mess him up.” I would be better off listening to him. This couple had followed four basic economic principles that will work for anyone regardless of the economic uncertainty or situation. Would this man have enough to live on? That was his question. Without a doubt he had enough to live on, and he even had enough extra to be able to enjoy giving some away during his lifetime.