Q. I wanted to know what the frum [i.e., ultra-Orthodox] world and the Breslov world thinks about putting away money in savings/401K plans.
I remember reading in Rabbi Nachman’s Wisdom (aka Sichot HaRan) #247, that the more money one has, the further his wealth is from him, with money in the bank being among the furthest away. I thought, money in an “untouchable” bank would be considered even more removed. What do followers of Rebbe Nachman take as an approach to long-term savings and the like?
A.
Good question.
Rabbi Nachman’s Wisdom #247 is part of Rabbeinu zal’s overall message to diminish one’s money-lust. That is, somewhere along the line, most folk start to develop an idea like, “The more money I have, the stronger/worthier/real I am. Therefore, the pursuit of wealth is a worthwhile endeavor and goal.” That’s a big mistake and a waste of life. (Rebbe Nachman does say a person should work for his livelihood, but in service of God [e.g., to give charity], not in service of self or other people.)
If you look at the entire passage there, you’ll see that Rebbe Nachman is contrasting acquiring wealth with acquiring Torah. The more material wealth one has, the less direct his connection with it. On the contrary, the more Torah wisdom (not mere knowledge) one acquires, the more it is an actual part of him.
401Ks etc. are a [a] a matter of trust (how much a person trusts in God) and [b] how does the world work in our day and age. For most of us, our level of trust is such that we work for a living. A retirement fund is, to a degree, “working for your old age,” a future paycheck. Since this is a normal way of doing things for people with a normal degree of trust, it’s alright. It’s also smart.
By the way: Trust in God includes, “God gave me seikhel (intelligence). That means He wants me to use it. Having money for my old age, when I can no longer work, seems to be a good idea.”
Hoped this helped.
© Copyright 2013 O. Bergman
