Wolf Retirement Navigation April 2019

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

SUDOKU

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.

INGREDIENTS

• 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

DIRECTIONS

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

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