Knights of Columbus Insurance
Metro Omaha, Nebraska
|
Knights of Columbus Insurance Metro Omaha, Nebraska
|
What is so valuable that, throughout the course of history:
kings and queens, emperors and politicians, even Popes and paupers have gone to
the ends of the earth to covet? What is so valuable that men have been willing to sell their
souls to obtain? What is the one thing that even Warren Buffet and Bill Gates
combined can’t buy? My friends, what is the one thing that even you will NEVER
have enough of? Four simple letters. TIME Do we ever have enough time
with the ones we love? Do we ever have enough time
in the day to accomplish the most important things? Do we ever spend enough time
in every day with our Lord and Savior? Do we know the hour and day when we will have no more time? Will someone ring a bell the day or week before we have no
more time? Will you wake up tomorrow morning? Is there still enough time? Have you spent enough time
planning for this eventuality? Do you know beyond a shadow of a doubt that your family will
have the resources they need to fill the financial void you leave behind? Will they know that you took the time to show them that you cared enough to meet their needs? Put your watch to your ear and listen closely to the tick-tock of the second hand…Those seconds
are gone. That time is gone,
forever. You are now seconds
closer to the day you hear those words from your doctor… You are now seconds
closer to the moment you will hear these words from a priest "Through
this holy anointing may the Lord in his love and mercy help you with the grace
of the Holy Spirit. May the Lord who
frees you from sin save you and raise you up." your last rites. You are now seconds
closer to the moment you can no longer make changes in how you will be
remembered. Some of you are like me, you’ve buried grandparents and
maybe a couple of friends (albeit, too early.)
Some of you have buried wives…some sadly children…some sadly
grandchildren. Will you be remembered as one who did the right things and
made the right plan for that moment in time? Take time for the
ones you love. Take time to spend with your Lord and Savior in prayer and adoration. Take the time to
meet with your Field Agent. Take the
time to put the right plans in place. Take the time…for
the ones you love. Brothers, take
the time to do what is right.
|
Dear
Brother Knight: It’s
tax season again—time to maximize your income by strategically placing your
money where it counts. A few things to consider* as we head into tax time:
Browse
the inside pages and learn how the Knights of Columbus can help you build a
secure future—from your income protection needs all the way through to your
retirement. Then give me a call to put a plan in place that will meet your
needs, goals, and budget. That’s what we’re here for: the Knights of
Columbus—protecting families for generations. Fraternally yours— Tim
Heller *Not intended as specific tax or legal advice. For such advice, please see a qualified tax or legal professional.
RETIREMENT on the horizon If retirement is within sight for you, here are a
few tips on planning ahead for those— for many—increasingly active years.
When you’re looking at retirement planning, come at it from a holistic
approach—do some financial planning as well as some planning for how to
enjoy this time in your life. ✓ Think about where you’ll retire. Close
to the children and grandchildren? Or someplace warmer, more alluring, or more
affordable? After you think about where you might want to live for personal reasons,compute
the cost of living against where you live now, and factor the affordability
change into your plans. ✓ Consider: what will you do to keep
retirement satisfying? Studies show that those who are most active and
involved in something they consider satisfying live the most rewarding
retirements. Would you enjoy mentoring a student? Volunteering your time at
the church? Embarking on annual “volunteer vacations?” The trick is to
think about what will work for you, and to find something you are passionate
about. ✓ Plan to make your money last. Well before retirement arrives, prepare a plan to
make your money last. An important point to consider is the cost of health
care in retirement. Many people underestimate these expenses. A recent survey
showed that only 12 percent of older North Americans think
they will ever need long-term care. In reality, 43 percent of those
reaching age 65 are likely to need it. Purchasing a K of C long-term-care
insurance policy well before retirement (beginning at age 35-40 as the law
permits) keeps the premiums affordable. This is key coverage to help protect
your retirement nest egg and ensure the care you need will be there when you
need it. Part
of what we do in our agency is help families prepare for important life events
like retirement. Don’t risk your retirement nest egg due to lack of
planning; let’s sit down to discuss your goals and see how the Knights of
Columbus can help you get ready for one of life’s most anticipated events: a
worry-free retirement. ✦
Guaranteed
income when you need it If your spouse passed away tomorrow, what would you do to replace his or her
income? Could you? The Knights of Columbus offers an Income Protection Rider (IPR)
that pays you a guaranteed monthly income if your spouse passes away. An IPR is an option you can select when you
purchase a base plan of life insurance. The base plan pays a lump sum death
benefit. The IPR benefits, then, can be taken as a guaranteed monthly income for
the time period you have pre-selected, or as a lump sum. While
every family will have varying reasons for choosing how they want their life
insurance benefits paid, here are a few advantages to purchasing an IPR: .
➤ You choose the monthly income amount you need,
and the length of time for which you’ll need it. You have control over the
exact amount. .
➤ A single lump sum benefit payment, invested for
future growth, is dependent on financial fluctuations and could leave your
family short. By contrast, an IPR guarantees a comfortable, worry-free monthly
income.
➤
Many people
work for a lifetime to create a solid pension plan. This program creates a
long-term pension plan for your family even if you pass away next month. An IPR can be a real asset to your family’s long-range security. Please give me a call to learn more about this income-protecting option. ✦
why employer-provided life insurance isn’t enough—no matter how much you have If you’ve worked your way up to a job that includes a life insurance
benefit, congratulations—but never consider employer-provided life insurance
as iron-clad protection for your family. The most obvious
risk of employer-provided life insurance is that most of us will work for
several employers during our working
lives. When you switch employers for one reason or another, the coverage
probably won’t go with you. Here’s why: most life insurance purchased by
companies for employees is a group term policy. That is, it is one policy that
covers every employee who chooses to participate, rather than individual
policies that cover each participant. This can be an advantage. The group rate allows
most employers who provide the coverage to do so with no contribution from
employees. Also, you can qualify for the coverage without needing a medical
exam. Really, the only
thing wrong with free or inexpensive life insurance is the false sense of
security that too often comes with it. In a nutshell,
here are three reasons not to trust your family’s financial security to
employer-provided life insurance:
Think of all employer-provided life insurance as
exactly what it is: an extra, a perk, a bonus. If instead you consider it the
foundation of your family’s financial security, you risk finding yourself
suddenly needing to secure life insurance at a time when your age and health
issues may have pushed the cost out of reach.
Get the details about your employer-provided life insurance coverage, and
let’s sit down to discuss them. Adding the solid protection of Knights of
Columbus top-rated life insurance coverage will make your family’s
protection iron-clad. ✦
How to put your financial goals within reach Financial goals:
we all have them. No matter what your income, there is probably something that
you have your sights set on, whether it’s paying for college, buying a bigger
home, or retiring comfortably. Whatever the goal, you’ll need
money—sometimes a lot of it—to get what you want. Short of winning the
lottery, what can you do to achieve your dream? One
very powerful financial tool is also one of the simplest: a budget. A budget is
a guide that tells you if you’re on track financially. You can have all kinds
of goals and dreams but if you don’t have guidelines, you won’t be able to
measure your progress. Putting
together a budget doesn’t have to be painful or constricting. Customize one to
fit your needs. Here is one example of a simple budget, set up as a percentage
of your monthly income:
If your figures
exceed these guidelines by more than 10%, you could be overspending. Ways to
trim your budget and find extra cash include packing your lunch instead of
eating out; canceling subscriptions to magazines you never read anyway, shopping
clothing sales, or using coupons at the grocery store. Avoid using your credit
card, limiting its use to emergencies only. With some careful planning and a bit of discipline, your financial goals can be well within your reach. ✦
|
|
Send mail to tim.heller@kofc.org with
questions or comments about this web site.
|
