REPORT

PERSONAL CAPITAL

A financial consultant firm with which I work has developed a concept of life-time capital. Simply put, the idea is that early in life we have a life-time of vigor ‘wealth,’ but we are very short

on other more tangible assets. The graph nearby shows the hypothetical trends

of Personal Capital, including Human Capital (the ability to earn), Housing

Equity, Pension Value and Financial Assets.



A young person may

think that she has no wealth, while in reality she has a career of potential

earnings, or human capital. A middle-aged person has begun to accrue some more

tangible assets, but the career earnings potential has been partly used up. A

retiree has used up virtually all of his human capital, but has (hopefully)

accrued enough financial capital to carry him through the retirement years.

erhaps my stewardship capital declines through a life of a covenant relationship with God, as I ‘use up’ my potential giving, but how do I measure the untold heavenly wealth accrued through a walk with Jesus?"

Def

For

investment theorists, it is an interesting concept which can guide how

investments are allocated during the lifelong shift of personal capital.

However the Christian looks at his life differently. Is it possible to

graph the more spiritual

aspects of one’s life? How does my spiritual passion capital trend? Does it mature and grow

from my youthful ‘first love’? How about my character capital? Do my ‘fruits of

the spirit’ grow and develop over my life of service? Perhaps my stewardship

capital declines through a life of a covenant relationship with God, as I ‘use

up’ my potential giving, but how do I measure the untold heavenly wealth

accrued through a walk with Jesus?



No, even though it makes one think, I guess I won’t try to graph

the concept of spiritual capital. It just doesn’t fit. The graph nearby assumes

a termination of life, but the Christian is accruing for eternity; probably not

enough room on the page for that graph. Furthermore, the eternal wealth of

heaven does not accrue over a life of hard work, but is the result of the blood

of Jesus, a value which cannot be quantified. “With more than a father’s

pitying love for the son of his care, God had ‘sent to them by his messengers,

rising up betimes, and sending; because he had compassion on his people, and on

his dwelling-place.’ [2 Chr. 36:15, 16.] When remonstrance, entreaty, and

rebuke had failed, he sent to them the best gift of Heaven; nay, he poured out

all Heaven in that one gift” (The Great Controversy, p. 19).

Del

Johnson
Del

Johnson served as a missionary in Asia for 17 years in denominational treasury,

administrative and management positions. Returning to North America, he served

as a conference treasurer and since 1996, in the NAD retirement office. In 1999

he was appointed as Administrator of the retirement plans of the NAD. Johnson graduated from Southern Missionary College with degrees

in Business Administration and Theology in 1976. He obtained an MHA from Loma

Linda University in 1987. He is married to Andrea Johnson who is a registered

nurse. They have two sons.

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