Wolf Retirement Navigation August 2019

Wolf Retirement Navigation August 2019

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

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August 2019

Top of the World JaxPAL and 29029 Everesting Challenge

A t the end of this month, I will be climbing Mt. Everest. Sort of. Technically, I will be hiking up Snowbasin in the Wasatch Mountains of Utah. But my goal is to hike up the mountain 13 times, covering 29,029 feet, approximately 5.5 miles — the equivalent of climbing Everest. This isn’t just some wild idea I had one night. Four months ago, I signed up for the “29029 Everesting Challenge,” an epic endurance challenge that’s hosted throughout the country only a couple times a year. This is a professional event founded by Jesse Itzler, philanthropist, entrepreneur, and current owner of the Atlanta Hawks. Itzler is the author of “Living With a SEAL: 31 Days Training With the Toughest Man on the Planet,” a book that chronicles Itzler’s time living with David Goggins, a retired Navy SEAL. 29029 Everesting embodies that level of physical intensity. I haven’t done anything more athletically challenging than a 5K run since my football days, which is why I decided to participate in this challenge. I wanted to get outside of my comfort zone, both physically and mentally. This isn’t a race; 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

there are no prizes at the finish line for first place or medals to proudly display in a showcase. You’re really only competing against yourself. I have 36 hours to complete 13 laps up Snowbasin, and I’m determined to succeed. In addition to putting myself under extreme testing, preparing myself to climb the height of Mt. Everest, we have also decided to partner with JaxPAL, turning my insane climb into a fundraiser. I encourage you to help support the wonderful organization of JaxPAL. With your help, funds will directly support underprivileged kids in our community. I will personally match all donations. Wolf Retirement Navigation has been a proud sponsor of JaxPAL for many years. We love what they do, and we want to give back to our community, resulting in stronger and better neighborhoods throughout the Greater Jacksonville area. You, too, can support JaxPAL by sponsoring my climb. For complete details, please visit WolfRetirement. com/everest . It’s a little extra motivation to keep me climbing up the mountain!

I’ve been training hard for months. The 29029 Everesting Challenge includes a training program to help participants prepare physically and mentally for this daunting task. I’ve lost quite a bit of weight and feel healthier than I have in a long time. Will that be enough to get me up the mountain 13 times? Who knows. Physical fitness is only half the equation. From what I’ve heard, the mental part of the climb is even harder than the athletic demands. This is a challenge of endurance where the biggest obstacle is yourself. It’s really designed to show a person what he or she is made of. This is the physical jolt I’ve been looking for, and I won’t be backing down. I’m excited to make it to the top. -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.

I’ve never done anything like this before. It’s more than a little intimidating, but

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.

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A SPORT FOR ALL AGES BECOMES A CRAZE AMONG OLDER ADULTS THE INCREDIBLE RISE OF PICKLEBALL

Y ou’ve probably heard of pickleball, especially given its rising popularity in the United States and Canada, but you may be wondering what the big deal is about this relatively new fad. Pickleball is an awesome, low-impact sport that people of all ages can enjoy. It’s great exercise and great fun, and it’s the perfect game for family get-togethers. Pickleball originated on Bainbridge Island, Washington, in 1965. It was the creation of three fathers — Joel Pritchard, Bill Bell, and Barney McCallum — who needed to come up with something to keep the little ones entertained and out of their hair. Soon, however, it became popular among the adults, and they ended up spending more time on the court than their children. “Frankly,” McCallum says, “the kids got pushed out.”

full-fledged sport, complete with official rules, equipment, and leagues. Despite the more formal structure in place today, pickleball is incredibly easy to pick up and play. Investing in some paddles and balls won’t cost more than $100, and you can easily convert a tennis or badminton court for pickleball. One of the appeals of pickleball for older adults is that it is not excessively strenuous. It also doesn’t have the steep learning curve and high barrier to entry that sports like tennis or golf do. Due to the nature of a pickleball, which contains strategically placed holes similar to those of a whiffle ball, the game is much more about finesse than pure power or athleticism. While you can definitely hone your skills with practice, you’ll start having fun from day one.

adults the chance to socialize with their peers. Leagues often lead to long-term friendships. Courts are small, and each game consists of only four players, making it easy to engage in some casual conversation or playful, competitive banter between points. If you’ve never picked up a paddle, consider joining a league or buying a set for your next family outing. You can introduce your grandkids to a fun new sport — and then school them for the bulk of an afternoon.

Since its early days, pickleball has transformed from an ad-hoc game to a

In addition to being a fun form of exercise, pickleball also offers older

RING, RING — IT’S A ROBOT

What You Can Do to Protect Yourself From Phone Scams and Robocalls

Two of the most common scams are phone scams and robocalls. These calls are incredibly annoying and can trick you out of valuable information if you’re not careful. While it might seem like these scams are inescapable, there are some precautions you can take to avoid their traps. Give them the silent treatment. One thing you can do to avoid these fraudulent, time-wasting calls is to simply hang up. If possible, it is best to not answer at all. It’s always good to have a list of numbers you can reference, so you never have to guess who is calling. Think of it as going one step beyond caller ID. In some cases, answering and then hanging up can actually do more harm than good. Answering the phone gives the scammers confirmation that the number works and that they should try again. Once your number is confirmed as active, it often gets put on an “active number” list that can then

be sold to other scammers who market in these types of phone numbers. If you can’t verify who is calling without picking up, don’t answer. Let it go to voicemail. If it’s important, the person will leave a legitimate message and you can respond afterward. Put up some deterrents. You can even go a step further and block the calls. Many phone service providers offer call-blocking options, including AT&T, Sprint, T-Mobile, and Verizon. You can sign

up for this service in-store or on your service provider’s website. Each service costs about $4 per month. There are also a number of call-blocking apps available on Android and Apple devices, but if you subscribe to a blocking service through your phone provider, these apps are unnecessary. Finally, you can sign up for the Federal Trade Commission’s “Do Not Call” program (DoNotCall.gov). While the Do Not Call program can help cut back on calls, this list is largely ignored by scammers. If you’re getting a ridiculous number of robocalls every day, signing up can offer you some brief respite. Thankfully, Congress is already attempting to fix this problem by making it harder for scammers to call you. But until they are able to pass tough, effective legislation, it is up to us as consumers to remain vigilant and do what we can to keep our personal and financial >Page 1 Page 2 Page 3 Page 4 Page 5 Page 6

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