Hopefully making theology simpler to understand! (2 Corinthians 1:12)

There is no fear in love, but perfect love casts out fear. For fear has to do with punishment, and whoever fears has not been perfected in love.
1 John 4:18, ESV

Do we fear God? If we are still sinning intentionally, yes, because we may still be under His wrath. But by grace through faith, we are saved from His wrath because of His love, so we no longer have reason to fear His wrath or anything else in this world.