Wolf Retirement Navigation - April 2020

RET IREMENT NAV IGAT ION

MONTHLY

4230 Pablo Professional Court Ste. 101 Jacksonville, FL 32224

4711 US Highway 17 Suite C-5 Fleming Island, FL 32003

As seen on:

April 2020

SIMPLE RULES TO ENJOY SPRING

Why Worry About What You Can’t Control?

F irst things first — it’s April, and I want to wish a very happy birthday to my daughter, Isabella! She’s turning 7 this year, and I just can’t believe it. She’s a really cool kid, a wonderful daughter, and I am extremely proud of her. At the risk of sounding biased, April is probably the second-best month to celebrate a birthday — right behind December, which just so happens to be when I celebrate my birthday. The weather in April is the start of spring, and you can really feel the potential for new beginnings. Once you finish spring- cleaning, you can kick back and enjoy life as spring transforms into summer. Unfortunately, I know a lot of people who aren’t even able to enjoy the springtime because they’re so worried about everything else all the time. I think we all know someone who’s a worrier. What if I lose my job? What if I get into a car accident? What if I forget my keys somewhere? This is the kind of person who is worried about getting COVID-19 from the coronavirus. I’m not saying we should never worry about anything and just sit back on the beach, singing “Kumbaya” all day long. Our worries can motivate us to work harder and make smarter decisions that protect our future. But worry can also be a slippery slope. When your fears get out 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 professional before making any

protect your savings against a big stock market decline. At Wolf Retirement Navigation, we help clients address their financial worries by showing them how to control the risk or “worst-case scenario” losses in their retirement portfolios before the uncontrollable happens. Clients of WRN who have invested in the market have tactical- managed accounts that look at risk as much as they focus on return potential. Another way to help address uncontrollable worries is by using WealthGuard™ electronic portfolio monitoring. This program helps to protect against the worst cases of market downturns and corrections. Each individual portfolio will shift to safety in the event of major losses based on one’s WealthGuard™ percentage target. Furthermore, most client portfolios include fixed indexed annuities which protect 100% of your principal and provide for reasonable growth potential to reduce overall risk in client portfolios. Life is full of worries. Focus on the worries you can control and let us focus on protecting you against uncontrollable market risks. This leaves you free to enjoy the important things in life like family birthdays and perfect spring afternoons. 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. -Adam Wolf, CPA, CFP ®

of hand, it’s time to learn the difference between controllable worries and uncontrollable worries. It’s easy to tell the difference. Are you worried about getting into a car accident? You can control much of that by being a safe defensive driver. Are you worried about the stock market crashing? That’s something over which you have no control. As a retirement planner, I’ve learned that when it comes to financial worries, the best approach is to be proactive and look at what you can control versus what you can’t control when it involves your finances. For example, a big financial fear my clients face is the fear of running out of money. This is a huge fear, one that’s completely understandable. But I’ve learned that this worry is completely controllable. You have already done the heavy lifting of saving for retirement. During retirement, the focus is to preserve and use your retirement savings to support your lifestyle. If you are a client, we have precautions in place to protect principal, whether through risk-adjusted tactical investing, bond positions, WealthGuard™ electronic monitoring, and/or 100% principal- protected fixed indexed annuities. You can’t control what the stock market will do, but you can control how much risk you have in the market and develop a portfolio that is designed to 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. investment decision. This information is designed to provide general

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