Luke said that this holy and devout Simeon turned to Mary and her family. Simeon blessed them (καὶ εὐλόγησεν αὐτοὺς Συμεὼν), presumably Mary, Joseph, and Jesus. Was this a priestly blessing? There was no indication that Simeon was a priest, but only an old devout righteous man, but he could have been a old Levite priest also. Then he said to Mary (καὶ εἶπεν πρὸς Μαριὰμ), the mother of Jesus (τὴν μητέρα αὐτοῦ) that this child would be destined for the falling and rising of many in Israel (Ἰδοὺ οὗτος κεῖται εἰς πτῶσιν καὶ ἀνάστασιν πολλῶν ἐν τῷ Ἰσραὴλ). He would be a sign that would be a contraction, as some would oppose him (καὶ εἰς σημεῖον ἀντιλεγόμενον). Everything would not be smooth sailing for her and this child. However, this was not as bad as what Matthew, chapter 2:13-18, had Joseph suffer. There the intention of King Herod was to destroy all the young children in Bethlehem that led him to flee into Egypt. Luke had none of that here. Instead, Joseph and Mary are law abiding Jewish parents active in the Jerusalem Temple, where a holy man came and told them how wonderful Jesus was. There were no Magi here, just shepherds visiting the baby child. King Herod was not even in the picture here in Luke.
Next Luke brought a man named Simeon into this scene in the Jerusalem Temple. We know nothing else about him, except what is written here in Luke. Simeon (ᾧ ὄνομα Συμεών,) was a righteous (καὶ ὁ ἄνθρωπος οὗτος δίκαιος) and devout God-fearing man (καὶ εὐλαβής) living in Jerusalem (Καὶ ἰδοὺ ἄνθρωπος ἦν ἐν Ἰερουσαλὴμ). He was looking forward to the consolation of Israel (προσδεχόμενος παράκλησιν τοῦ Ἰσραήλ). The Holy Spirit rested upon him (καὶ Πνεῦμα ἦν Ἅγιον ἐπ’ αὐτόν). Once again, Luke emphasized that the Holy Spirit was on Simeon, just he had been on John, Mary, Elizabeth, and Zechariah, 5 people filled with the Holy Spirit. The consolation that Simeon was expecting was the redemption of Israel or the messianic happening of the end times.
Everything comes from the Lord, both good and bad, life and death, as well as poverty and wealth. The Lord graces or gifts those who are devout. The Lord’s favor brings lasting success. You can become rich through diligence and self-denial. You might even say that you want to enjoy your wealth. However, you have no idea how long you will be able to do this because death is always looming. Someone else will probably enjoy these things that you worked so hard to get.