RET IREMENT NAV IGAT ION
4230 Pablo Professional Court Ste. 101 Jacksonville, FL 32224
4711 US Highway 17, Suite C-5 Fleming Island, FL 32003
As seen on:
Ups and Downs Celebrating Life with My Daughter
A pril can be a busy month for me. First, as a retirement planner, I have to be thinking about Tax Filing Day. As a reminder, the last day to file your tax returns without an extension this year is Monday, April 15, 2019. If you haven’t filed yet, be sure to complete your return as soon as possible. In addition to Tax Filing Day, I have something more fun to look forward to: my daughter’s birthday! We’re celebrating Isabella’s 6th birthday this month, and I’m amazed at how fast time flies. I swear she was still sleeping in a crib just last year. Now she’s finishing kindergarten! She’s a happy kid with a big heart. Isabella loves school, her family, and our family trips to Disney World. Sometimes I think she loves that last one the most.
adventurous, which means she wants to go on all the thrill rides. “
about going again! I had to tell her I wasn’t ready for that just yet. Riding the Tower of Terror always makes me think about what it would be like to go on a theme park ride based on the stock market. It’s exciting, but all the while, you have a looming sense of dread. You’re always waiting for that drop, and when it comes, it comes fast. However, unlike a theme park ride where you know you’ll get a souvenir picture at the end, the volatile stock market offers no such guarantees. During tax season, people are paying a lot more attention to their money and to what the stock market is doing. If you haven’t looked at your plan recently, now is the time to do so. Life still changes, even if it doesn’t as much when we’re adults. My job is to help clients plan and review their portfolios, make sure they make those changes to reflect their current goals, and to help them prepare for whatever ups and downs the market may bring. When you have a strong retirement plan, you can stop worrying about what the stock market is doing and focus on the important things in life — like going to Disney World with your family. -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.
Isabella is incredibly
thrill rides. Fortunately, thanks to my side of the family, Isabella is also pretty tall for her age. One of the last times we were at Disney World, she wanted to go on the Tower of Terror. We put her ponytail up at the top of her head and put on her thickest-soled shoes; when the ride attendant measured her, she just barely passed the height requirement. If you’ve never ridden the Tower of Terror before, then you should know it’s one of the most terrifying rides at Disney World. Inspired by “The Twilight Zone,” this is a drop ride that puts you inside an old elevator, lifts you high up above the park, and drops you 13 stories. This thrill ride really earns its name. Since this was the first time Isabella had ever ridden the Tower of Terror, I was worried the first drop would be too scary for her. But we were barely off the ride and walking through the gift shop when she started talking 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.
Isabella is incredibly adventurous, which means she wants to go on all the
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. Consult your financial
2 LOCATIONS TO SERVE YOU! Jacksonville & Fleming Island
www.wolfretirement.com | 1
THE MANY WONDERS OF OMEGA-3S One Little Pill That Can Do Your Body Good
moderate to severe hypertension typically see a positive effect on their blood pressure if they regularly take omega-3s. Joint and Eye Benefits Omega-3 fatty acids can reduce pain, stiffness, and swelling associated with osteoarthritis and other joint disorders by lubricating the joints and acting as an anti-inflammatory. As we age, our ability to produce tears diminishes. Fish oil’s lubricating and anti- inflammatory properties also make it a great treatment for and defense against chronic dry eye. Cognitive Function Benefits Several studies have concluded that regularly consuming omega-3 fatty acids can help maintain cognitive function. While research shows no cognitive recovery in extremely elderly subjects who already suffer from dementia, evidence indicates that taking fish oil on a regular basis may prevent or postpone the onset of cognitive decline. Omega-3 consumption may also improve the the prize. After the “fee” is paid, victims receive a fake check in the mail, but by the time it bounces, the scammers are gone and they’ve taken the money. If you ever receive a contract from an unknown entity out of nowhere, you should start seeing red flags. Unless you remember entering a contest, there is no chance you’ve won something. And it’s vital to understand that it is never safe to give out financial information over the phone or via email. This type of scam is slightly more sophisticated. First, a hacker will call a victim and claim to be a member of a tech support team or an employee from a trusted company like Microsoft or Apple. Then, they’ll tell the victim there is a problem with their phone or computer and that if they Computer Software Service Fraud
quality of life for individuals suffering from depression or anxiety at any age.
Which Omega-3 Supplement Is Right for Me? If you eat fatty fish several times a week every week, you may already get enough omega-3s, but it can be difficult to get a therapeutic dose of fish oil from food alone on a regular basis. A fish oil supplement can provide additional fatty acids. Look for an ingredient list that specifically shows EPA and DHA; some brands use misleading labeling that only shows the total amount of fish oil rather than the actual omega-3s. Recommendations vary, but most sources indicate that a dosage of 1,000–2,000 milligrams (1–2 grams) of combined EPA and DHA provides benefits. If the smell or “fish burps” bother you, choose enteric-coated capsules, which dissolve in the small intestine rather than the stomach. Omega-3 caps also come in vegan options sourced from seaweed and algae.
B ecause fish oil is said to improve everything from heart health to chronic dry eye, it may sound a bit like, well, snake oil. But this brilliant little supplement packs a big punch, especially for older adults.
Heart Health Benefits The omega-3 fatty acids docosahexaenoic acid (DHA) and
eicosapentaenoic acid (EPA) have been shown to support heart health in multiple ways. The Mayo Clinic cites research suggesting that higher levels of EPA are associated with a reduced risk of congestive heart failure in older adults. Studies also report that people with
The 2 Most Common Ways Criminals Steal From Seniors And How to Spot Them
Scamming older adults has become big business. According to the American Journal for Public Health, an estimated 5 percent of seniors are hoodwinked by criminals every year, and that statistic is thought to be a steep underestimate since so many scams go unreported. To stem the tide of seniors unknowingly giving $36 billion to scammers annually, it’s important for retirees and their loved ones to get savvy on the subject. Here are the two of the most common scams older folks fall prey to — and how to avoid them.
cooperate with the “tech support” representative,
they can sort it out. They may also ask you to install a piece of software on your device or provide credit card information to “validate your software.” The fact is that well-known tech companies will never send unsolicited emails to ask for your personal or financial information, and they definitely won’t ask you to install some shady software on your computer. If you ever receive a call out of the blue from “Microsoft,” hang up the phone immediately. The first step to stopping these criminals in their tracks is to be aware of their tactics. With these tips in your arsenal, you’ll be able to defend yourself and your bank account effectively.
Advanced Fee Fraud
The most common con in 2017 and 2018 was the classic “You’ve won a sweepstakes!” scam. Victims are told they’ve won some exorbitant amount of money, but they must pay a fee to receive
2 | 904-232-8760
2 LOCATIONS TO SERVE YOU! Jacksonville & Fleming Island
Face Your Fears
How to Avoid Running Out of Money in Retirement
Fear is a natural part of being human, and fears change throughout our lives. As a child, you might have been afraid of the dark, but by the time you were a teenager, nothing was scarier than asking someone out on a first date. Even as adults, we have our share of fears. When you retire, one fear may become more real than ever: the fear of running out of money.
scenario in retirement. If your retirement plan can stand up to the unexpected, it’s a good sign you won’t end up outliving your money. A few examples of the unexpected include:
• Catastrophic health event • Death of a spouse • Divorce • Economic crash • Higher taxes in the future
While you won’t have a perfect plan for every scenario, focusing on income planning for retirement with multiple scenarios in mind can prepare you for life’s ups and downs. Not sure if your savings will carry you through retirement? Talk to your retirement-focused financial advisor. Tell him or her about your fears and ask what the recommendations are for your situation, then get a second opinion, preferably from a fiduciary. When researching, always perform due diligence and check out several trusted sources of information. If you’re looking for a second opinion or want to understand your retirement portfolio better, give us, Wolf Retirement Navigation, a call at 904-232-8760. We can help guide you towards a successful retirement where you won’t run out of money!
Leaving the daily grind behind is the appeal of retirement, but it also means no longer seeing that steady paycheck every month. That’s a terrifying thought! Many retirees worry they’ll outlive their savings and end up in a terrible situation. Retirement planning is all about addressing these fears and coming up with a solution that works for you. It’s important to remember that what works for one person in retirement isn’t the answer for everyone. Look at where you are today, your personal retirement goals, and the options available to you. A good rule of thumb is to plan for a worst-case
Radishes start showing up in droves during the spring and summer months, but all too often we only eat the bulbs raw on salads and discard the greens. This recipes bucks both of those trends, with the radishes being roasted alongside their green tops.
• 3 bunches radishes with greens attached • 2 tablespoons extra-virgin olive oil
• Salt and pepper, to taste • 2 tablespoons unsalted butter • 2 tablespoons fresh lemon juice
1. Heat oven to 500 F. While heating, trim radishes and wash greens. Pat both dry using a paper towel. 2. In a large ovenproof skillet, heat oil over high heat until shimmering. Season radishes with salt and pepper,
entire skillet to oven rack and roast for 15 minutes. 3. Once removed from oven, return skillet to stove. Over medium heat, stir in butter and add greens. Cook until they are wilted, about 2 minutes. 4. Finish with lemon juice and additional salt if desired. Serve immediately.
Answer on Page 4
add to skillet, and cook until lightly browned, about 2 minutes. Transfer
2 LOCATIONS TO SERVE YOU! Jacksonville & Fleming Island
www.wolfretirement.com | 3
PRST STD US POSTAGE PAID BOISE, ID PERMIT 411
904-232-8760 www.wolfretirement.com 4230 Pablo Professional Court Ste. 101 Jacksonville, FL 32224
Solution to puzzle on Page 3
• Happy Birthday, Isabella! PAGE 1
• The Many Wonders of Omega-3s PAGE 2
• 2 Tactics Criminals Use to Steal From Older Adults PAGE 2
• What Are You Afraid Of? PAGE 3
• Roasted Radishes With Radish Greens PAGE 3
• 3 Travel Myths Debunked PAGE 4
Paris on a Budget?
3 Travel Myths You Should Stop Believing
Tips forYourTripBack inTime
Traveling has many social and educational benefits, but some people have hesitations that prevent them from jetting off on new adventures. Below are three debunked travel myths to give you some ease as you plan your summer vacation! MYTH: Vacations are expensive. FACT: You can travel anywhere on a budget. Tracking flights to score the best deal, setting spending limits, and packing meals are a few ways to save money. Hostels and Airbnbs are great alternatives to spendy hotel stays. Additionally, you don’t have to cross the country to have a great trip. Every state has museums, unique roadside attractions, historical sites, and a booming nightlife. When you know your price limits and what you
want to do, traveling can be a fun and inexpensive venture.
your circadian rhythm. Our bodies are cyclical, and the circadian rhythm is set by both a natural need for your body to reset and outside forces, such as your job, time zone, and diet. Travel can disrupt this rhythm and routine, which leaves you lethargic during and after your vacation. Sticking to water before and during your flights and staying physically active during and after traveling are great ways to fight jet lag and get back into your normal rhythm. Don’t let these travel myths keep you from seeing the world. Set a budget, go with your gut, and prepare for a shifting rhythm to make your next adventure the best one yet.
MYTH: Traveling is dangerous. FACT: If you’re smart about what you do and where you go, traveling can be safe. Go with your gut and only stay somewhere that is approved by travel guides. Visit places you feel comfortable in, and do your research by reading travel blogs, websites, and books to find places that have been vetted by others. Traveling in groups can also be a great way to lower your risk of danger. As long as you plan ahead, you will have a safe trip. MYTH: Jet lag is caused by a lack of sleep. FACT: While jet lag can make you sleepy, it’s actually caused by a disruption in
4 | 904-232-8760
2 LOCATIONS TO SERVE YOU! Jacksonville & Fleming IslandPage 1 Page 2 Page 3 Page 4
Made with FlippingBook - professional solution for displaying marketing and sales documents online