),\
HER
ALD
Official Organ of The Slavonic Benevolent Order Of The State Of Texas. Founded 1897. BENEVOLENCE VOLUME 55 — NO. 30
HUMANITY
BROTHERHOOD
Postmaster: Please Send Form 3579 with Undeliverable Copies to: SUPREME LODGE, MST, FOB 100, TEMPLE, TEX. 76501
JULY 26, 1967
FROM THE EDITOR'S DESK The Business of Retirement The secret of a happy retirement is to start getting ready for it well in advance. This is the unanimous advice of ten successfully-retired men in a retirement community of more than 10,000 people southeast of Los Angeles, Calif. The ten men, interviewed by the Institute of Life Insurance, represent a wide variety of income levels and vocational backgrounds. They include a former retail merchant, office manager, highway engineer, cook in a Veterans Administration hospital, attorney, life insurance agent, labor foreman at a Hollywood motion picture studio , mechanic, telephone tester and Navy officer. All started preparing financially for retirement during their prime working years. They used virtually every medium of savings and investment, including savings accounts in banks and savings and loan associations, government bonds, corporate securities, life insurance cash values, annuities, real estate mortgage loans. Most of them developed new interests to help fill their leisure hours after retirement. As a result, each of them says he encountered no serious problems in ad-
WORKING TOGETHER All have a share in the beauty, All have a part in the plan. What does it matter what duty. Falls to the lot of man? Someone has blended the plaster, And someone has carried the stone; Neither the man nor the master Ever has builded alone. Making a roof from the weather, Or building a house for the King, Only by working together Have men accomplished a thing.
justing to retirement. Their incomes before retirement ranged from less than $5,000 to more than $40,000 a year. Half of them had earned less than $7,500 a year during their prime working years. Yet, through personal savings, employee pension plans and Social Security, all but two of them are now enjoying retirement incomes of at least $500 a month. Eight of the men and two Of their wives receive pensions from former employers, ranging from $50 to $600 a month. Their average pension income is about $240 a month.
Nine of them receive significant income from savings and investments. As a result, two of them now have higher incomes than when they were actively working. Two are under 65 years old and da not yet collect Social Security benefits. All the others are over 65, but two of them are not eligible for Social Security. All continue to carry at least a modest amount of life insurance to protect their wives or cover burial expenses. • • Faith Faith is not an intangible something as so many people seem to think, something that is "way above" them, something that is just involved in "religion." Faith is a force we use every moment of our lives. The degree of success we can achieve, and any effort we make, depends upon how well we understand the power of faith and the extent to which we conscientiously put it to work for us. What good would he be if he lacked faith in himself, faith in his company and its product or services, in his policyholders, or in his prospects? Not very much! Faith in these would be meaningless - unless he had faith in this great country of ours, its institutions and its future. And for that he must have faith in God. Faith
SPECIAL 70th ANNIVERSARY YOUTH CONTEST. SEE YOUTH SECTION