Recently, I lost a dear friend of mine. He had a small life policy with another company under $180,000 in value. A small retirement fund that he was putting money into. My friend a lifelong Catholic,  Brother Knight, passed away at the age of 58. Most of us would consider this too early for the Lord to call someone home but
unfortunately we have no control over his plan for any of us. A lot of the Brother Knights I visit feel they are set. This week I had an appointment with a Brother Knight who knew about our appointment but wasn’t there. He left the entire meeting up to his wife because he had to plan out some cooking event! My time is valuable and so is yours. I set time aside from my work and family to help families plan so they do not end up in the same predicament as my friend did.

The Brother finally showed up as his wife and I concluded our meeting. She told me that he took the 50% pension option at his job. I asked her what she was planning on doing when her income drops off by 50% when he passes. There was a deer in the headlights look. She remained silent. I informed them that there are two options. One is life insurance to create pension to replace the one from his job and the other is a settlement option on his retirement funds which will provide guaranteed income with no market risk.

Keep in mind that we take on market risk when we are trying to grow our money prior to retirement. Once we are in retirement mode we want guaranteed payouts and limited or no risk as we will need those funds to get us through retirement in case the good Lord doesn’t call us home early.

In closing, my friend has four kids, two adults and two minors. His wife will reach the “blackout period” with social security survivor benefits on three of those four kids. She will receive no survivor benefits until she is 60 years old (7 years) and only benefits on one of the four kids. How do you prevent this from occurring with your
family? You take 30 minutes out of your valuable time to sit down with me and learn how the Knights will help you in a Catholic way, a way our founder would be proud of. And not leave your family destitute.

Wishing you and your family members health and happiness in the years to come.

Vivat Jesus,
Howard Tank (CA License #O117393)
Supreme Field Agent
(530) 346-3016
howard.tank@kofc.org