Larry Burkett on Financial Advice For The Second Half of Your Life

[Adapted from the Excellent Book by Larry Burkett. Your Money After the BIG 5-0: Wealth for the Second Half of Life. Nashville: B&H Publishing Group, 2007, 215-219.


“Take Hold of the Life That Is Truly Life”

 The hardest struggle of all is to be something different from what the average man is.


 Money never made a man happy yet, nor will it. There is nothing in its nature to produce happiness. The more a man has, the more he wants. Instead of its filling a vacuum, it makes one. If it satisfies one want, it doubles and trebles that want another way. That was a true proverb of the wise man, rely upon it; “Better is little with the fear of the Lord, than great treasure, and trouble therewith.”


 Why would you settle for such brief, short-term, inadequate, low-yield dividend pleasures offered by the world when eternal pleasures—tens of thousands of years of pleasures—await?


“Do not store up for yourselves treasures on earth,

where moth and rust destroy,

and where thieves break in and steal.

But store up for yourselves treasures in heaven,

where neither moth nor rust destroys,

and where thieves do not break in or steal.”

 – MATTHEW 6:19–20

The media refer to “the graying of America.” Sociologists analyze “the coming of age of the baby boomers.” The politically correct would say we are “chronologically challenged.” Really, we are just plain growing old. We are learning to be content with that. As someone recently reminded us in an e-mail, there are some good things about getting older. Your investment in health insurance is finally beginning to pay off. Your secrets are safe with your friends because they can’t remember them either. Your supply of brain cells is finally down to a manageable size. Your eyes won’t get much worse. People no longer view you as a hypochondriac. Things you buy now won’t wear out. There’s nothing left to learn the hard way. Your joints are more accurate than the National Weather Service. In a hostage situation you are likely to be released first. You are smarter, much smarter, at fifty-plus than when you were only twenty-five. Rather than approaching the second half of life with dread or fear, see it as a great adventure with the Lord. Think of the wisdom you have learned throughout your life—some earned by a degree from the School of Hard

Knocks and some earned by prudently following biblical counsel and teaching.

At every stage, the demographic phenomenon of the baby boomer generation has made a great impact on American society. With increased prosperity and longevity, will your wealth and life have a lasting impact on your family and the Kingdom? Avoid fitting in with what Ralph Waldo Emerson described when he said, “We are always getting ready to live but never living.”

Take hold of the life that is truly life—the abundant life available through a personal relationship with the Creator God and His Son, Jesus Christ.

As our friend Bob Buford said, “Do you want to get to the end of your life, stand before God, and hear Him say, ‘So what’? No, you want Him to tell you, ‘Well done.’”

We have purposed in this book to share all the financial wisdom we possess, all the wisdom we could borrow from others, and all the wisdom available in God’s Word. Our recommendations may vary from the world’s advice. We encourage you to keep working in some capacity during retirement, though the world says you are entitled to leisure. We recommend to pay off debt, though others give reasons to keep or increase debt. We recommend diversifying to preserve, though the secular instinct is to get rich quick. It is hard to go against the grain of a materialistic, status-seeking society.

The story of Mr. and Mrs. Thing provides a vivid reminder of truth. Mr. and Mrs. Thing are a very pleasant and successful couple. At least, that’s the verdict of most people who tend to measure success with a “thingometer.” When the “thingometer” is put to work in the life of Mr. and Mrs. Thing, the result is startling.

There is Mr. Thing sitting down on a luxurious and very expensive thing, almost hidden by a large number of other things.

Things to sit on, things to sit at, things to cook on, things to eat from, all shiny and new. Things, things, things.

Things to clean with and things to wash with and things to clean and things to wash. And things to amuse and things to give pleasure and things to watch and things to play.

Things for the long, hot summer and things for the short, cold winter. Things for the big thing in which they live and things for the garden and things for the deck and things for the kitchen and things for the bedroom.

And things on four wheels and things on two wheels and things to put on top of the four wheels and things to pull behind the four wheels and things to add to the interior of the thing on four wheels.

Things, things, things.

And there in the middle are Mr. and Mrs. Thing, smiling and pleased as punch with things, thinking of more things to add to things. Secure in their castle of things. Do they sound familiar?

The story of Mr. and Mrs. Thing always strikes a chord with the audience when shared in a public forum. Everyone, it seems, knows someone who fits their description. (And all of us probably see something of ourselves in this couple.)

Mr. and Mrs. Thing may be secure in their castle of things, but that’s not the end of their story.

Here it is: Well, I just want you to know that your things can’t last. They’re going to pass. There’s going to be an end to them.

Oh, maybe an error in judgment, maybe a temporary loss of concentration, Or maybe you’ll just pass them off to the secondhand thing dealer. Or maybe they’ll wind up a mass of mangled metal being towed off to the thing yard. And what about the things in your house? Well, it’s time for bed. Put out the cat, make sure you lock the door so some thing-taker doesn’t come and take your things. And that’s the way life goes, doesn’t it?

And someday, when you die, they only put one thing in the box. You.


About the Author: Larry Burkett (Pictured Above) was among the people who played a role in fulfilling President John F. Kennedy’s dream of landing on a man on the moon. After serving as an electronics technician in the Air Force’s Strategic Air Command, Burkett, who had degrees in marketing and finance, headed an experimental facility that served the Mercury, Gemini, and Apollo manned space programs.

After Larry and his wife, Judy, became Christians in the early 1970s, he began extensive studies of the Bible in which he found more than 700 direct and hundreds of indirect references to money. Just one year after becoming a Christian, he found himself living in Atlanta and working as a financial counselor with Campus Crusade for Christ. Concluding that most of the problems facing Larry’s counselees were the result of mismanaging funds, the Burketts began Christian Financial Concepts (CFC) in 1976. Their first office was in the basement of their home in Tucker, Georgia. In 1977, the first CFC newsletter was published. More than simply a collection of stories, the newsletter contained articles to help every family with their finances, including practical ideas for around the home, stewardship, personal testimonies, and biblical principles for managing money. In 2003, “Money Matters” now has a circulation of nearly 200,000.

Larry Burkett was also the author of over 50 books, including Debt-Free Living, Your Finances in Changing Times, and The Coming Economic Earthquake, and a guide for kids on money management, called What If I Owned Everything. Together with Ed Strauss, he wrote the World’s Easiest Pocket Guide series with books on everything from buying a first car, renting an apartment, getting a credit card, and more. Larry even branched out into the fiction arena with best-selling novels such as The Illuminati and Solar Flare.

In 1995, Larry was diagnosed with cancer which led to the publishing of several other books, including Nothing to Fear: The Key to Cancer Survival which Burkett used to share his own personal experiences and offer insight to his readers. One of the central principles Larry taught is that we don’t really own things; we are simply stewards and managers of what God has entrusted to us. In Larry’s case, that included the ministry he founded.

Until his death July 4, 2003, Larry and Judy Burkett resided in Gainesville, Georgia. He is survived by his wife Judy, four adult children, and nine grandchildren.

My Money or God’s Money?

*Treasure Principle Keys From Randy Alcorn

 Jesus, “For where your treasure is, there your heart will be also” (Matthew 6:21).

Key Principle: “You can’t take it with you—but you can send it on ahead.”

Key #1: God owns EVERYTHING. I’m His Money Manager.

“We are the managers of the assets God has entrusted—not given—to us.”

Key #2: My HEART always goes where I put God’s money.

“Watch what happens when you reallocate your money from temporal things to eternal things.”

Key #3: Heaven, NOT Earth, is my home.

“We are citizens of a ‘better country—a heavenly one.’”

Key #4: I should live not for the DOT but for the LINE.

“From the dot—our present life on earth—extends a line that goes on forever, which is eternity in heaven.”

Key #5: GIVING is the only antidote to MATERIALISM.

“Giving is a joyful surrender to a greater person and a greater agenda. It dethrones me and exalts Him.

Key #6: God prospers me NOT to raise my standard of LIVING, but to raise my standard of GIVING.

“God gives us more money than we need so we can give-generously.”

*Adapted from Randy Alcorn’s Book “The Treasure Principle”

Randy Alcorn is the founder and director of Eternal Perspective Ministries, a nonprofit ministry devoted to promoting an eternal viewpoint and drawing attention to people in special need of advocacy and help. Randy was a pastor for fourteen years before starting this ministry and is a popular church and conference speaker. He and his wife live in Gresham, Oregon and are the proud parents of two daughters, Karina and Angela, and the grandparents of four grandsons.

A popular fiction author, Randy has held readers spellbound with fast-paced, gripping fiction infused with eternal themes. His books Edge of Eternity, Deadline, and Dominion, and Deception all point readers to the truth that the choices we make have eternal consequences.Lord Foulgrin’s Letters and The Ishbane Conspiracy tackle the subject of spiritual warfare and are meant to help equip Christians to recognize and resist the attacks of the enemy. Safely Home asks the question “Are you ready to die for your faith?”

Randy is also passionate about life and has written Pro-life Answers to Pro-Choice Arguments, a book that has been widely used to train students and adults to articulate the pro-life position in a secular culture. He often speaks on pro-life related themes and has included them in his novels.

Randy’s other books include The Law of RewardsThe Treasure PrincipleThe Grace and Truth ParadoxThe Purity PrincipleHeaven, and Wait Until Then.

Randy’s life emphasis is on 1) communicating the strategic importance of using our earthly time, money, possessions, and opportunities to invest in need-meeting ministries that will count for eternity; and 2) analyzing, teaching, and applying the moral, social, and relational implications of Christian truth in the current age. Visit Randy’s blog at

%d bloggers like this: