Kenneth Kratzer Wealth Strategist
Raised by missionary parents in central Africa, Ken Kratzer developed a servant's heart and an unusual global perspective that he brings to Factum Financial. Upon graduating from Rift Valley Academy in Kijabe, Kenya, Ken enrolled at Greenville University, where he earned a BA in Biology and Environmental Science. In 1998, Ken began a career as a science teacher in St. Louis, Missouri. After moving to Tucson, Ken continued to teach science. Then, as the real estate boom unfolded, he decided to leverage most of his life savings, buying multiple rental properties in the midst of the real estate frenzy. Passing rents and other income through a bank-offered home equity line of credit seemed like a sensible thing to do until Ken received a letter from Countrywide Financial informing him that his credit line had been frozen. Bleeding cash with no available line of credit, Ken saw no alternative but to walk away from the properties. Looking back on this experience, Ken realized that a properly structured IBC policy would have given him the liquidity and flexibility he needed to weather that storm. Now living in Sahuarita, Arizona and still in the classroom, Ken has become reenergized by the possibilities of Infinite Banking.
Superimposed on this financial saga is the story of Ken’s family. In 2001, Ken and his beautiful wife, Tara, began adopting children. Today, as a father of 12, he has come to learn that financial efficiency and careful planning are imperatives, and that no financial decision involving family can be made lightly. Now that the Kratzer family economy has been retrofitted with the turbocharger that is IBC, Ken seeks every opportunity to share the power of family banking with others. Occasionally, when asked how he expects to retire with 12 kids and a teacher’s pension, Ken quips, “My Children ARE my retirement plan!” Ken would be thrilled to visit with you and explain why this is so much more than a clever retort. True IBC practitioners “eat their own cooking,” and Ken is no exception. He is using the IBC concept to ensure a secure financial future, while simultaneously teaching his many children the immediate benefits of a family owned bank.