As a child growing up in Mentor, Minnesota, Kathy Scheving clearly remembers her mother baking batch after batch of rich, chocolatey brownies—and being first in line among her siblings to help make the frosting. “Frosting duty meant you got to lick the spoon,” she laughs. “Since the brownies were usually for a Royal Neighbors gathering, those licks of frosting were about all we’d get!” Today, Kathy still adores sweets, to the point that she and her mother order dessert first when they go out to lunch. “We want to make sure we have room for it,” she smiles.
Both Kathy’s mother and grandmother were active in their Royal Neighbors chapters, delivering Meals on Wheels, raising money for new playground equipment and organizing bingo tournaments at the local nursing home. “Those ladies in the Royal Neighbors chapters made things happen for the community,” she says. “They were strong women who had a passion for giving and led by example. They took care of their neighbors and taught us to do the same. Both my sister and I were initiated into our Royal Neighbors chapter while we were still in our teens. We’re still active. And we still take these brownies.”
|1 stick butter (melted)|
16-oz. chocolate syrup
1 cup sugar
1 cup flour
1 tsp. vanilla
1 tsp. salt
1/2 cup nuts
|1 stick butter|
1/2 cup sugar
6 tbsps. milk
1/2 cup chocolate chips
Brownies: Mix all ingredients together and bake in large pan for 30 min. at 350° F.
Frosting: Bring butter, sugar and milk to a rolling boil for 1 minute (no longer). Remove from heat and add chocolate chips. Beat with a spoon until it thickens some and is ready to spread.
a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money (the benefit) in exchange for a premium, upon the death of an insured person (often the policy holder).
The calculations contained within this calculator are specific to Royal Neighbors of America. It is intended to estimate an amount of life insurance coverage if death occurred in the near future. It is not a recommendation for specific coverage amounts. Your financial needs may differ from the estimates. Royal Neighbors does not guarantee that the amount illustrated here will meet your financial needs. You are responsible for selecting the appropriate amount of coverage. To evaluate your specific needs, please contact Royal Neighbors directly at (866) 845-6665.
|Year||Partner Age||Partner Income||S.S. Income||Available Income||Desired Income||Surplus/Shortfall||Available Resources||Insurance Needed|
Calculations include your answers to the previous questions, in addition to the following: 3% investment return; 2.6% anticipated inflation rate; $8,500 for funeral expenses which is based on the national median cost for an adult funeral in 2014 according to the National Funeral Directors Association1; 75% of your annual combined income for desired annual income needs; and 15 years for the number of years’ income needed or the calculation of the number of years it will take your youngest child to complete higher education, whichever is greater. Social Security benefits were factored based on the age of your youngest children (up to 4). Immediate needs include your mortgage, other debts, and $8,500 for funeral expenses.
College cost estimates are based on the following parameters (based on data provided by [College Board] . The inflation rate for college costs (5.48% annually) is based on the Bureau of Labor and Statistics Consumer Pricing Index average from January 1996-June 2016. This rate will factor into college cost assumptions for future years, adjusted annually.
1 “The national median cost of a funeral with viewing and burial for calendar year 2014 was $7,181. If a vault is included, something that is typically required by a cemetery, the median cost is $8,508. The cost does not take into account cemetery, monument or marker costs or miscellaneous cash-advance charges, such as for flowers or an obituary.” http://www.nfda.org/news/statistics