Many clergy faithfully lead their congregations while quietly carrying financial challenges of their own. National surveys reveal that nearly half of pastors have less than $5,000 in savings, leaving them vulnerable in emergencies. About 70% carry non-mortgage debt, averaging over $40,000, and nearly a third have had to cut back or stop saving for retirement altogether. These realities create stress for both pastors and their families, with nearly three-quarters of clergy reporting that their financial situation is a source of strain.
Recognizing this need, the Florida United Methodist Foundation is committed to supporting the well-being of our clergy. Through our partnership with CPS Investment Advisors, we provide individual and confidential financial planning services to clergy and their spouses at no cost to them. Each participant is paired with a dedicated advisor—the person you begin the process with is the same person who walks alongside you through the entire journey. This ensures a consistent, trusted relationship with someone who understands your situation and helps you craft a plan tailored to your needs.
Our goal is to ensure that pastors and their families can serve with confidence, knowing they have the tools and guidance needed for financial security. Planning today makes a difference not only for retirement but also for reducing daily stress and strengthening long-term ministry impact. To learn more or schedule a confidential consultation, please contact Ed New at the Foundation.