Dear Council Brothers and friends of Council 9053,

Brothers, trying to achieve financial strength and stability can feel overwhelming, especially when life is already full. This month, I want to share a simpler way to think about it: holistic financial wellness. You can work toward this goal by developing an overall financial strategy and determining how Knights of Columbus products can be a part of that foundation. This includes more than insurance. We also offer annuities with guaranteed retirement income as well as mutual funds from our affiliate Knights of Columbus Asset Advisors. A good place to start is protecting your family through life insurance. Term life coverage can help with temporary needs, while whole life coverage can last your entire lifetime and build guaranteed cash value over time.

Next, let’s think about retirement. Whether it’s years away or right around the corner, having a strategy for income in retirement matters. The Knights of Columbus offers solutions that can be part of an overall plan you feel confident about. It’s also important to prepare for the unexpected. Thinking ahead about how your family would handle an extended care need or a disruption in income due to disability is part of protecting what you have worked hard to build. The Knights has products to help ensure your family’s life will not be financially disrupted in either case.

I imagine many of you joined the Knights because you want to give back, and for many of you, that includes charitable giving. Did you know that a donor-advised fund can be a tax-efficient strategy for charitable giving? Knights of Columbus Charitable Fund, an independent 501(c)(3) charity helps donors align their giving with their faith, and you don’t need to be a member of the Knights to open an account.

Finally, consider investments. If you’re seeking competitive returns without compromising on Catholic moral principles, Knights of Columbus Asset Advisors (KoCAA) can help. KoCAA screens companies for compliance with the U.S. Conference of Catholic Bishops’ Socially Responsible Investment Guidelines, so you never have to wonder if your investments conflict with your morals. Investing with KoCAA is also open to all, regardless of whether you’re a Knight.

Attaining financial wellness doesn’t need to feel overwhelming. You can start right away by simply using our life insurance calculator at www.kofc.org/calculator. With a few key details, it will help you assess your insurance needs. Then, I can help you find the right coverage. No matter where you are on your financial journey, I’m here to help. Please come see me after the meeting, and I would be glad to schedule a time to sit down and talk about your needs.
Thank you!

Vivat Jesus! Chad Clark