1:3 Peter called his readers to bless (praise) God for giving us a living hope. This undying hope rests on the resurrection of Jesus Christ. Because He lives, we shall live. Our new birth gave us this resurrected life of Christ. Consequently our hope is both alive within us and part of our new life in Christ.
"Just as faith' can be subjective (the act or state of believing), or objective (the content of belief), so hope' can refer either to an anticipation (even a certainty) of good things to come or to the content of that anticipation, the good things themselves. The living hope' of which Peter speaks here is better understood in the second, objective, sense. As such, it appropriately parallels, and is further explained by, the inheritance' of v 4 and the salvation' of v 5 (cf. Col 1:5 . . .)."26
Many popular writers have called Paul the apostle of faith, John the apostle of love, and Peter the apostle of hope. They have done so because of the dominant emphasis each of these writers made in the New Testament. Peter had much to say about hope in this epistle.27
"While Peter's teaching on how salvation is applied gave attention to the beginning and continued process of living as a Christian, the actual words for salvation' have a predominantly future orientation in 1 Peter."28
"Born again"(cf. v. 23) describes the Christian who experienced spiritual regeneration (John 3:3). The phrase stresses the great change that takes place at conversion and our resultant participation in the life of God. God has been exceedingly merciful in giving us this blessing (cf. Rom. 11:30-32; 15:9; Eph. 2:1-7; Titus 3:5).
1:4 As the Israelites anticipated their inheritance, the Promised Land, so Christians should anticipate ours, the other side of the grave. However ours is not subject to destruction from any source, defilement from without, or decay from within. No one can ravage or pollute it, and it will not wear out or waste away. What is it exactly? Our inheritance is Jesus Christ Himself and the blessings that He has promised us (cf. 1 John 3:2; Col. 3:4; Eph. 1:14; Rom. 8:11, 18-23). All Christians will not obtain the same amount of inheritance (cf. 2 Tim. 2:12; Matt. 25:14-30; et al.), but every Christian will obtain some inheritance. Heaven will be the portion of all, but rewards will vary (1 Cor. 3:14-15; 2 Cor. 5:10; 2 John 8).
The idea of serving Jesus Christ faithfully to receive a reward is distasteful to some Christians because such service may flow from selfish motives. However selfishness is not the only possible motive. For example, two students could study hard to finish seminary with good records. One might do so to obtain a diploma with a "highest honor"stamp so he could hang it on his wall for all to see and admire. The other might do so to prepare to serve his Savior most effectively after graduation. The Christian who serves Jesus Christ faithfully now so the Lord may entrust him with significant service opportunities in His coming kingdom may not be trying to earn rewards for his own glory. He may serve now so he can better glorify his Lord in the future. The present life is a training period designed to ready us for future service in our Lord's earthly millennial and heavenly eternal kingdoms (cf. Luke 16:1-13; 19:11-27; Rom. 8:16-18).
1:5 Not only is God protecting our inheritance, but He is also protecting us by His power. All Christians will undoubtedly obtain an eternal inheritance one day (cf. Phil. 1:6; 1 Cor. 1:8). Our faith in Christ for salvation is, on the human side, what guarantees our final realization of the fullness of our salvation (i.e., our glorification). Peter was not saying our faith keeps us saved. God's power keeps us saved. Our faith is the means by which we receive salvation initially and, therefore, our inheritance.
"Those who have true faith can lose that faith neither totally nor finally."29
The apostle did not say that the elect will inevitably continue in faith, namely, continue to believe the truth of the gospel. Paul also warned that Christians can stop believing the truth (e.g., 1 Tim. 4:1; 2 Tim. 2:17-18). Rather Peter said that God's power keeps believers saved in spite of their sins. In this sense we never lose our faith.
There is much misunderstanding about the Bible's teaching concerning the perseverance of the saints.30It does not teach that Christians will inevitably continue to persevere in the faith, that is continue believing the truth, walking with the Lord, and doing good works. It does teach that God will persevere in His commitment to bring all who have trusted in Him to heaven. If someone asks me if I believe in the perseverance of the saints, I ask them what they mean by the perseverance of the saints. If they mean that a believer is eternally secure, I say that I believe that. If they mean that a believer will inevitablyfollow God faithfully to the end of his or her life, even with occasional lapses, I say I do not believe that.
"Every preparation for the final unveiling of this salvation is completed."31
The salvation ready to be revealed in the last time is the aspect of salvation that we have yet to enjoy, namely, our glorification. When God glorifies us, He will save us from the presence of sin forever. This will happen when we see our Savior and are from then on with Him. This glorification will be ours at death or the Rapture, whichever comes first.
Salvation is the subject of 1:3-2:10. Note the recurrence of the word "salvation"(Gr. soteria) in 1:5, 9, 10, and 2:2. Peter referred primarily to the future aspect of our salvation in this epistle.
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