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RET IREMENT NAV IGAT ION
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4230 Pablo Professional Court Ste. 101 Jacksonville, FL 32224
4711 US Highway 17 Suite C-5 Fleming Island, FL 32003
As seen on:
May 2021
3 Lessons From Mom
FOR A GUY LIKE ME, MOTHER’S DAY MEANS A LOT!
B efore I go any further, Mother’s Day this year is/was Sunday, May 9, 2021. If you’re reading this and just realized you forgot about it, you have my sympathies — and my encouragement to stop reading and start
example, teaching my sister and me that when you have a strong work ethic, you can accomplish amazing things. The second lesson is a simple one: Be kind! I watched my mom make friends with complete strangers. It didn’t matter who they were or where we were; she greeted everyone with kindness and compassion. Most people aren’t used
is the most patient person I know. In both good times and trying circumstances, she would respond with patience first. I know my sister and I weren’t always the easiest kids growing up. When things got difficult, my mom would still be patient with us and try to understand where we were coming from. I’d say we were wrong and stubborn most of the time, but her patience and understanding meant a lot to us. Whenever I feel like losing my temper, I take a deep breath and remember the importance of patience, and I would be doing her a disservice if I didn’t practice patience in my own life. I’ll admit, it’s not always easy, but when I practice patience, I am honoring her. When I was young, I never really appreciated all these things my parents did. Honestly, I took them for granted. Now that I’m a parent, I recognize the time my mom took to teach these values to my sister and me through her actions. She is a great mother and a great person. The values she taught me are the same ones I want to teach my own daughter. Happy Mother’s Day, Mom. Thank you for all the lessons you taught me and for helping me become the man I am today.
making up for it right now! For the rest of us, in honor of Mother’s Day, I wanted to share the three most important lessons my mom taught me. The first lesson involves work ethic. Mom raised my sister and me while
to receiving such kindness from a total stranger, and I remember how much her
compassion meant to the
people she met. Kindness is one thing you can never have in excess. In my work, it’s important that I understand my clients. I need to put myself in their shoes
simultaneously running day care centers and later
becoming a middle school life skills teacher. Any one
of these jobs is a challenging task on its own, and my mom managed to be amazing at all three! She always worked so hard, and I never saw her slack off or take a shortcut. I credit part of the success of Wolf Retirement Navigation to my mother. It’s not easy to run your own business, but I learned from the best. Mom led by Investment Advisory Services offered through Retirement Wealth Advisors (RWA), a Registered Investment Advisor. Wolf Retirement Navigation LLC and RWA are not affiliated. Investing involves risk, including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Past performance does not guarantee future results.
to understand how hard they have worked and to appreciate their dreams and goals for the future. I couldn’t do my job right if my mother didn’t put kindness and empathy in my heart. Something else my mother taught me was the value of patience, which is the third and final lesson for today. My mom Consult your financial professional before making any investment decision. This information is designed to provide general information on the subjects covered; it is not, however, intended to provide specific legal or tax advice and cannot be used to avoid tax penalties or to promote, market, or recommend any tax plan or arrangement. Please note that Wolf Retirement Navigation LLC and its affiliates do not give legal or tax advice. You are encouraged to consult your tax advisor or attorney.
-Adam Wolf, CPA, CFP ®
Annuity guarantees rely on the financial strength and claims-paying ability of the issuing insurer. Any comments regarding safe and secure investments and guaranteed income streams refer only to fixed insurance products. They do not refer in any way to securities or investment advisory products. Fixed insurance and annuity product guarantees are subject to the claims‐paying ability of the issuing company and are not offered by Retirement Wealth Advisors.
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AN ANCIENT PRACTICE WITH MODERN BENEFITS Give Tai Chi a Try
gong, was originally created and used as a form of self-defense. However, practitioners adapted it over the centuries, and many began using it as a form of meditation and exercise. Today, tai chi includes a focus on the mind, breathing practices, body awareness, and motion through slow and deliberate movements. Practicing this discipline brings calm and balance into the mind and body, which can be integrated into every aspect of life. Forms Tai chi consists of several different forms, including Yang, Chen, Wu Hao, Wu, and Sun styles. The most commonly practiced form is Yang, which places an emphasis on slow and exaggerated movements accompanied with slow, deep breaths. Because it includes gentle movements, Yang tai chi can be practiced
by many individuals, regardless of their age or mobility. Tai chi is also a perfect way for anyone recovering from an injury to exercise without straining their bodies. Benefits For aging adults, tai chi offers many benefits, including balance, strength, and flexibility, which begin to fade with age but are necessary to help people stay active and reduce the risks of falling or developing arthritis. Because tai chi also focuses on the mind and breathing, it also improves mental and emotional well-being. Learning tai chi is easy, and it starts with attending the right class. Find a local martial arts school or consider joining Jet Li’s online academy at TaijiZen.com. Through this ancient form, you can bring peace, balance, and health into your life.
Martial artist and actor, Li Lianjie — aka Jet Li — is best known for his roles in the films “Fist of Legend,” “Shaolin Temple,” “Fearless,” and “Hero.” He has over 30 years of experience as a tai chi practitioner and is an advocate for the traditional Chinese martial art form. That’s because it comes with a long history that shows its many benefits. Origins While the exact age of this martial art form is unknown, tai chi can be dated back to as far as 2,500 years ago. Tai chi, also known as tai chi chuan or qi
WHO DOESN’T WANT TO RETIRE AND BE TAX SMART?
One-Day Smart Retirement Tax Workshop, May 11 or 12, 2021, or May 25 or 26, 2021
Do you pay enough in taxes as it is? Would you like to avoid doing so when you’re retired and can’t easily make extra money? Our one-day Smart Retirement Tax Workshop at the University of North Florida, Jacksonville, will help you do just that. We’ll look at innovative tax planning strategies, as well as recent federal government and specific IRS changes. We’ll also talk about how things changed with the SECURE Act and why NOW, with tax increases on the horizon, might be a great window of opportunity for a Roth IRA conversion. It is more important now than ever to be prepared for the risk of higher taxes in retirement before it is too late. Because of COVID-19 guidelines, space is limited, so call Wolf Retirement Navigation today at 904-232-8760 to secure your spot. There are four dates available from which to choose for this one-day presentation. Please let us know if you would like to invite a guest. What: One-Day Smart Retirement Tax Workshop When: May 11 or May 12, 2021, or May 25 or May 26, 2021, from 6–7:30 p.m. Where: AdamW. Herbert University Center, 12000 Alumni Drive, Jacksonville, FL 32224
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Tune In to Adam’s ‘Financial Fairway’ Show on 1010XL/92.5 FM It’s on the Edwin Watts Golf Hour!
We never stop looking for new ways to spread the word about retirement in addition to our current platforms of emails, web content, or newsletters like this one. We are excited to announce that now you can find great retirement information a whole new way when Adam Wolf joins friend and client Tom Ashton (the “Old Pro”) on the radio once a month as a featured guest on the Edwin Watts Golf Hour. Adam’s show is the “Financial Fairway”; and when you tune in to 1010XL/92.5 FM on May 22 and June 12, 2021, between 10–11 a.m., you’ll hear need-to-know information about retirement and related financial topics. It’s going to be a great chance to catch up with Adam and learn more about issues that will impact everybody at some point in their lives. It’s a fun, new way to get relevant, topical retirement information out to listeners — and a great opportunity to do it with close friends and clients. If you can’t get to a radio at those times, we understand — and we have come prepared! We’re also launching a podcast so anybody with internet access can listen to the show any time that is convenient. The podcast can be played online or downloaded, and it will be accessible through both Apple and Spotify. More details to follow!
SUDOKU
Tangy citrus and salty Parmesan cheese complement earthy, fresh asparagus, a favorite spring vegetable with a short growing season.
INGREDIENTS
• 1 lb asparagus spears • 1 tbsp lemon juice • 1 tsp Dijon mustard • 3 tbsp extra-virgin olive oil
• 3/4 cup Parmesan cheese, grated • 1/2 tsp kosher salt • 1/8 tsp red pepper flakes • Freshly ground black pepper, to taste
DIRECTIONS
1. With a vegetable peeler, shave each asparagus spear from tip to base. This is easiest to do if the asparagus is on a flat surface. 2. Place shaved asparagus in a bowl and blot off excess moisture with a paper towel. 3. In a separate bowl, make a vinaigrette by whisking together lemon juice, Dijon mustard, and olive oil. 4. Pour vinaigrette over shaved asparagus and add Parmesan cheese, salt, red pepper flakes, and black pepper. Toss to combine. Taste and adjust seasonings.
Solution on Page 4
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PRST STD US POSTAGE PAID BOISE, ID PERMIT 411
904-232-8760 www.wolfretirement.com 4230 Pablo Professional Court Ste. 101 Jacksonville, FL 32224
INSIDE
Solution to puzzle on Page 3
• 3 Lessons From Mom PAGE 1
• Bring Peace and Balance Into Your Life PAGE 2 • Who Doesn’t Want to Retire and Be Tax Smart? PAGE 2 • Tune In to Adam’s ‘Financial Fairway’ Show on 1010XL/92.5 FM PAGE 3
• Shaved Asparagus Salad PAGE 3
• Could Vaccine Passports Open Doors for Travel? PAGE 4
Could Vaccine Passports Open Doors for Travel? A re you hoping to travel this summer? Not like how you “traveled” from your bedroom to Concerns About Vaccination Verification
vaccinated against COVID-19 and are, therefore, free to travel internationally. Some countries are eager for the sort of verification these passports could bring, should they exist. The Seychelles, Cyprus, Romania, and other countries have all said they would welcome tourists who could prove they were vaccinated. Now, you might be sitting on the same couch you’ve sat on for the past year, thinking, “Well, I would like to travel internationally after I get vaccinated!” However, this proposal is not without concerns. Firstly, health care officials still don’t know if vaccinated people can transmit the virus. So, even if they’re vaccinated, they could still spread it to unvaccinated people around the world.
Another concern is a vaccine passport’s potential to create classes of “haves” and “have nots” among travelers. Many developing countries won’t receive the vaccine for another few years. Should they be barred from returning to normal? Similarly, could the vaccine passport be abused domestically, enabling private businesses to bar customers from their spaces without proof of vaccination? Finally, what form would these passports take if they were to exist? Would they be on a smartphone app? A laminated card? A verified doctor’s note? So, while the prospect of traveling far and wide this summer after getting vaccinated is exciting, it might be better to temper your expectations for now and hope for clearer guidelines in the near future.
your living room couch all this past year, but really travel — get out and see the world beyond your hometown. With the COVID-19 vaccines finally available, millions of people are becoming immune to the virus that has ravaged the global economy, especially in the areas of tourism and hospitality. Industry leaders in these sectors are understandably eager for the vaccine to bring back tourism. Some are hoping vaccine passports will play a part in jump-starting tourism around the world.
Vaccine passports are a means by which someone can prove they have been
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