“’Salvation’ is the word that denotes the whole sum of what God has in store for us, the enjoyment of our inheritance…There are no occurrences of ‘save’ or ‘salvation’ which (when carefully considered) invalidate the statement that salvation in the New Testament is always regarded as something of the future – eschatological, if you like the word. Past tenses are certainly sometimes used, because the decisive act of God, which secured our salvation, is in the past, and the present tense is used to denote our present waiting and struggling, which have salvation as their goal, but the actual enjoyment of salvation is not in this world, but in the world to come. To identify our present experience as Christians with what the New Testament terms salvation is a disastrous illusion…Peter guards against any such illusion by describing salvation as ‘ready to be revealed in the last time’” (1 Pet. 1:5).
(C.E.B. Cranfield, 1 and 2 Peter and Jude, 1960, p. 40.)