| Course | BUSI 223 Personal Finance (BUSI223) |
|---|---|
| Module/Week | 8 |
| Assignment | Biblical Response 4 |
| Paper type | Biblical response |
| Length | about 324 words, 1 double-spaced pages plus title page and references. Course guide: a written response that uses information from the assigned website on the module/week's financial topic and completes the activity's requirements from a biblical perspective |
| Format | APA 7 student paper |
| Points | 30 |
| School | Liberty University Online |
| Program | BS in Business Administration |
| Where it sits | Module/Week 8 in Liberty's published BUSI 223 course guide; current sections can differ |
| Updated | October 2026 |
Free sample paper for BUSI 223 Week 8
Retirement, Social Security and Leaving an Inheritance: A Biblical Response
[Student Name]
School of Business, Liberty University
BUSI 223: Personal Finance
Biblical Response 4
[Instructor Name]
[Date]
The assigned website and the activity's questions are a composite; the Social Security website, textbook and Scripture cited are real.
Retirement, Social Security and Leaving an Inheritance: A Biblical Response
What the Website Explains
The Social Security Administration explains that workers can begin retirement benefits as early as age 62, but that claiming before full retirement age permanently reduces the monthly amount, while waiting past full retirement age, up to age 70, increases it (Social Security Administration, n.d.). For someone born in 1960 or later, full retirement age is 67, and claiming at 62 reduces the benefit by about 30 percent. The agency also notes that Social Security was designed to replace only part of a worker's preretirement earnings.
Where Social Security Fits
Billingsley et al. (2017) describe retirement planning as building on several sources: Social Security, employer plans such as a 401(k), and personal savings, supported by an estate plan that directs assets after death. Because Social Security replaces only part of earnings, a worker who relies on it alone will likely face a sharp drop in income. Social Security is a floor to stand on, not a house to live in.
A Biblical Perspective
Scripture encourages planning across generations. Proverbs praises the person whose goodness reaches even the grandchildren through what is left behind (English Standard Version Bible, 2001/2016, Proverbs 13:22). A will and a modest estate plan are practical ways of honoring that principle and of sparing a family confusion and conflict.
Scripture also warns against saving only for one's own comfort. The rich fool planned to store his goods and take life easy for many years, and God called him a fool for being rich toward himself and not toward God (English Standard Version Bible, 2001/2016, Luke 12:16-21). Retirement savings should make room for generosity and for service, not only for leisure. The Psalms picture the righteous still bearing fruit in old age (English Standard Version Bible, 2001/2016, Psalm 92:14), which suggests that retirement from a job need not be retirement from usefulness.
Application
I plan to enroll in my employer's retirement plan with at least enough to receive any matching contribution, and to write a simple will once I have dependents.
References
Billingsley, R., Gitman, L. J., & Joehnk, M. D. (2017). Personal financial planning (14th ed.). Cengage Learning.
English Standard Version Bible. (2016). Crossway. (Original work published 2001)
Social Security Administration. (n.d.). Retirement benefits.
What the BUSI 223 Week 8 instructions ask
BUSI 223 closes with a module/week on the sections of Billingsley et al. on planning for retirement and preserving an estate, with a presentation and a website, and it ends on Friday rather than Monday night. For the last Biblical Response, worth 30 points, students study the Social Security material provided and answer the activity's questions as Christians thinking about old age. Exercise 8, the fourth Branching Problem and Quiz 8 come due at the same time. Because retirement can feel distant to many students, the response is a chance to connect the course's long-range planning to a biblical view of work, rest and generosity across generations.
How this BUSI 223 Week 8 example is built
The response follows the same three-part structure as the earlier Biblical Responses. The first part explains what the Social Security website says about claiming ages and benefit amounts, with one example. The second places Social Security within the textbook's larger retirement plan, which adds employer plans, personal savings and an estate plan. The third reflects on Scripture from three directions: leaving an inheritance, the danger of selfish accumulation, and the continuing usefulness of the old. The response closes with a short application. Its headings keep the parts distinct, and the website, the textbook and every passage appear in APA citations and the reference list.
BUSI 223 Week 8 grading rubric: where the points go
Grading mirrors the earlier responses. Facts about benefits must be right, each prompt must be answered, and the passages chosen must speak to retirement or inheritance. Instructors look for correct explanations, such as the effect of claiming benefits early or late, and for reflection that treats the passages in context instead of as slogans. A response that describes Social Security without reflection, or that reflects without using the website, falls short. Because this module/week closes on Friday, the most avoidable loss is simply turning the response in late. The application should be realistic for a student, not a plan that only makes sense decades from now. Responses that leave the reader with one realistic next step tend to be remembered.
BUSI 223 Week 8 help: mistakes that cost points
Use the website's own examples or calculators to state one fact accurately, such as how benefits change with claiming age. Then place that fact within the textbook's broader retirement plan so your response shows course knowledge. For the reflection, choose passages that address leaving an inheritance, warning against selfish saving and the purpose of later life, and explain each in context. Finish with a realistic step, such as enrolling in an employer plan or writing a simple will. Cite the website, the textbook and each passage in APA style, and remember that the course's last module/week closes on Friday. Check the agency's current figures before quoting them, since benefit rules change. Keep the application small enough to start this year.
Related BUSI 223 sample papers
Other BUSI 223 weeks
- BUSI 223 Week 1: Discussion Board Forum 1
- BUSI 223 Week 2: Biblical Response 1
- BUSI 223 Week 3: Discussion Board Forum 2
- BUSI 223 Week 4: Biblical Response 2
- BUSI 223 Week 5: Discussion Board Forum 3
- BUSI 223 Week 6: Biblical Response 3
- BUSI 223 Week 7: Discussion Board Forum 4
More BS in Business Administration sample papers
- BUSI 101 Week 8: Forum 4 Replies
- BUSI 240 Week 8: Individual Learning Project
- BUSI 300 Week 1: Forum 1 Thread
- BUSI 301 Week 8: Business Plan Paper
BUSI 223 Week 8 questions, answered
What is BUSI 223 Biblical Response 4?
The 30-point final response due in Module/Week 8: the student explores an assigned website on retirement or estate planning and responds from a biblical perspective.
Where can I find a free BUSI 223 Week 8 sample paper?
This page carries the complete BUSI 223 Week 8 response, covering Social Security claiming ages, retirement saving and passing on an inheritance.
How does claiming age affect Social Security benefits?
Claiming before full retirement age permanently reduces the monthly benefit, while delaying past it, up to age 70, increases the benefit for each month of delay.
What does the Bible say about leaving an inheritance?
Proverbs 13:22 commends leaving something for grandchildren, and many believers take it as a reason to make a will and plan beyond their own lifetimes.
What else is due in BUSI 223 Module/Week 8?
The last exercise, branching problem and quiz are due as well, the reading covers retirement and estate planning, and everything closes on Friday.
Use it as a model, or ask for your own
This paper is an original model written by our desk for study. It is not a submitted student paper and not an official Liberty University document. Read it for structure and reasoning, then write your own to the instructions in your Canvas course. If you want a version built to your exact prompt and rubric, the first custom sample is free and arrives in 24 to 48 hours.
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