View bulletins: 8:15, 9:30, 11 a.m. There are no bulletins for the Contemporary Service.
All women are invited to attend Church Women United’s (CWU) Ecumenical Forum on Friday, Sept. 4, at New Covenant Fellowship, 1507 Wilshire Blvd, 78722. Join us at 9:30 a.m. for coffee and fellowship; the program will begin at 10 a.m. with chaplains from the Travis County Jail speaking on forgiveness and compassion. The charitable action project recipient this month is the Manos De Cristo Food Pantry; please bring non-perishable food items such as cereal, beans and canned vegetables. For more information, please contact Lorrie Terrell, (512) 250-8072 or email@example.com.
View bulletins: 8:15, 9:30 There are no bulletins for the Contemporary Service.
View bulletins: 8:15, 9:30 There are no bulletins for the Contemporary Service.
Megan Poore, a financial advisor, is a member of the Covenant Presbyterian Foundation Board. The Foundation recently launched an education campaign to help Covenant members and friends plan for their financial future. Once many of us get to a certain stage in life, we start thinking about retirement. Are you at that point? Perhaps you have read a few articles on the subject or have used an online retirement calculator to tell you how much money you should be putting aside to provide you with a comfortable retirement income. While it is vitally important to have this information, it has been my experience as a financial advisor for more than a decade that some other very important steps in the process are regularly overlooked. Here are a couple of questions to point you in the right direction. How has “retirement” changed? According to the U.S. Census, life expectancy has increased by about eight years from the 1970s to 2010. This means that someone who retired at age 65 in 1970 could statistically plan to live about another five years. Someone retiring now at age 65 is expected to live into their late 70s and possibly much longer, which more than doubles the length of time they’ll be retired. Being retired for 15 years or more offers some incredibly exciting opportunities but requires careful planning. What will you be doing? With whom will you be doing it? What will it cost? When I ask clients who are in their 40s and 50s how they envision spending their retirement years, I am often met with blank stares. It is impossible to plan for the financial part of retirement if you have not taken time to think and discuss how you would like to spend your time. The more specific your vision, the more realistic your plans can be. If you are married, talking to your spouse about this is vitally important. Many of us can relate to that old TV show “Green Acres.” The wife wanted to live in the city; the husband envisioned life in the country. Your circumstances may not mirror those exactly, but it is common for spouses to have separate expectations. The sooner you start discussing them, the better. I can downsize, so I should be able to live on less, right? Often, couples with children still in school say their plan is to sell their house and buy a much smaller home, freeing up additional assets to fund their retirement. What these folks may not be able to picture is that their children will soon become adults with families of their own. Once grandbabies are a possibility, moving into a smaller house that will not easily accommodate the entire family for the holidays may not be so enticing. So the old rule of thumb that you can live on 70 percent to 80 percent of your pre-retirement income may not hold true. As exciting as the idea of not setting an alarm clock Monday morning may be, retirement is also one of life’s biggest transitions. Even wonderful transitions can be unsettling–think back to the uncertainty you may have faced while moving out of your childhood home, getting married or having your first baby. The more questions you can ask yourself ahead of time, the less anxiety you will experience when your big day comes. For more information about Covenant Presbyterian Foundation, please visit covenant.org/foundation, or contact Duane Dube or any Trustee: Elizabeth Christian, Everard Davenport, Dianne Erlewine, Larry Faulkner, JoAnne McIntosh, Megan Poore and Tana Taylor. Covenant Presbyterian Foundation supports Covenant Presbyterian Church by assisting donors to be Faithful to Generations, during and beyond their own lives, by receiving and growing their gifts, and using them to help fulfill the donors’ glorification of God. One generation will commend your works to another… Psalm 145:4
View bulletins: 8:15, 9:30 There are no bulletins for the contemporary service.
James—Faith In Action The Copernican Revolution (Thomas Daniel, Contemporary Service, July 12)
May is the month when the Session class changes, and Clerk of Session Melanie Williamson has rolled off Session with the rest of the class of 2015. I’m Clark Weatherby, a member of the class of 2017 now serving as Clerk. As I am in my second consecutive Session term, I had the honor of serving with the 2015 class for their entire term. Praise be to God for the gifts and time that Don Davis, Evangeline Herring, Chuck Ruesink, Melanie Williamson and Cindy Young selflessly shared over the last three years! Extra thanks to Melanie for the work she did as Clerk through an extended interim period, a time with no senior pastor and shepherding our new senior pastor. She handled the job with great skill and grace, and leaves a well-functioning Session and very large shoes to fill! In our April meeting, we had the privilege of examining 23 high school students who had just completed confirmation class, and were ready to make a public declaration of faith and join Covenant. This “exam” is a blessing for elders, as we get to hear how God is working in the lives of our youth. Whitney Bell, associate director for Student Ministries, reported on the mission trip the youth took to Belize. Also in April, we approved worship schedules for summer and fall. Starting June 28, we will have three services, 8:15 (communion), 9:30 (traditional) and 11 (contemporary). On Aug. 30, we resume four services with a slight modificaton: 8:15 (communion), 9:30 and 11 (traditional) and 11:10 (contemporary). The contemporary service’s later start allows more time for a single pastor to be present in all services. At our May meeting, we welcomed the class of 2018 onto Session. The new members are: Matt Dow, Kelly Dwyer, Jack Kern, Regina Schlotter and Sharyn Westmoreland. We spent our monthly prayer and devotional time to hear a bit more of each elder’s story. Please be in prayer for our new members. As both a welcome to the new elders and a review for the others, and to define a common ground among three classes, we discussed how we can be most effective as a Session. We look forward to working as a team with pastors and staff on the tasks that lie ahead! While giving this year has significantly increased, we are still approximately $115,00 behind on pledges. Careful spending by our committees has kept us in the black, but as we head into summer with vacation schedules and generally lower attendance, please make sure you are current on your pledges. These funds are essential as we continue to love our neighbors as ourselves, allowing us to reduce our debt by nearly $8,000 a month while directing the same amount each month to our mission partners. Grace and peace, Clark Weatherby
View bulletins: 8:15, 9:30 There is no bulletin for the contemporary service.
The Covenant Foundation has kicked off an education campaign to help members think through their finances. This is the first article, of many, that will provide tips and strategies for planning for the future. Texans who die without a will can leave chaos in their wake—problems that could have been avoided if they had made good plans for their estates. But when many people hear the word “estate,” they think, “Well, that rules me out. I don’t have an estate—I just have a house and some cars and a little retirement fund.” But forget mansions and big lawns; under Texas law, what you own, no matter how modest, is an estate. The Covenant Presbyterian Foundation, whose mission is to provide long-term sustainability for Covenant Presbyterian Church, is embarking on a program to educate our members about being good stewards of their finances. Our hope is that you will see something in this very brief article that will lead you to seek expert advice if you feel you need it. How do you find a professional advisor? The best way to start is by asking other Covenant members which attorneys, financial advisors or accountants they use and finding out if they would recommend them. Other sources, including the State Bar of Texas and the Austin Bar Association, can point you in a good direction. Here are just some of the issues you may wish to consider: Having—or refreshing—your will: A will, with careful thought given to trusts that may be appropriate for you and your heirs, guarantees that your wishes will be carried out after your death. It’s important to review your will every three to five years or when major life events occur, including retirement. A will is also a convenient vehicle for leaving bequests to organizations you wish to support, including the Covenant Foundation. Powers of attorney: In the event you become ill or are incapacitated, powers of attorney guarantee that someone you trust is allowed to act on your behalf for financial or health decisions. Social Security: The earliest you can receive Social Security benefits in most cases is age 62, but you can also opt to defer the onset of the benefits. Deciding when to start collecting Social Security not only affects you but your family as well. Property titles: Do you share property with a business partner or another family member? Is it titled as Joint Tenancy or Tenancy in Common? One type of tenancy leaves your property to your family, the other transfers the property to the co-owner. Ensuring you’ve handled property ownership correctly can save your family thousands of dollars later and can make sure your assets pass as you intended. Transferring your assets: Sometimes people want to transfer their property or other assets to adult children, and this can make a great deal of sense if it is carefully thought through. But many people don’t realize that liability may also be transferred. Also, transfers to minor beneficiaries must be carefully planned. In the upcoming months, we’ll look at each of these issues and more. We’re eager to hear from you and welcome suggestions on future articles. For more information, please visit covenant.org/foundation or contact Duane Dube or any Trustee; Elizabeth Christian, Everard Davenport, Dianne Erlewine, Larry Faulkner, JoAnne McIntosh, Megan Poore and Tana Taylor Covenant Presbyterian Foundation supports Covenant Presbyterian Church by assisting donors to be Faithful To Generations, during and beyond their own lives, by receiving and growing their gifts, and using them to help fulfill the donors’ glorification of God. One generation will commend your works to another… Psalm 145:4 by Elizabeth Christian