Wolf Retirement Navigation August 2019

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

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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 data safe and secure.

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2 LOCATIONS TO SERVE YOU! Jacksonville & Fleming Island

Don’t Miss Out on These Important Events

State of Retirement When: Monday, Aug. 19, 2019; 12–2 p.m. Where: Jacksonville office — 2nd-floor conference room How will the current state of retirement impact your future plans? We will recap current economic, market, annuity, and tax trends and news. In addition, guest speaker and estate planning attorney

Matt Harrod, Esq. will be joining us to answer your estate planning questions and many more at this special event. Lunch will be served. This is a client- only event. Clients are allowed to bring a guest or family member. New Reality in Our Retirement Educational Workshop When: Thursdays, Sept. 12 and 19, 2019 Where: University of North Florida The No. 1 concern we hear from baby boomers in retirement is “I don’t want to run out of money!” New Reality in Our Retirement is an adult education class that covers potential financial threats, now and in the future, and provides attendants the knowledge they need to build a successful retirement. This is a two-day course with morning and evening times to suit your schedule.

Register today and learn the secrets to a stress-free retirement!

Wine Down When: Wednesday, Sept. 18, 2019; 5:30–7:30 p.m. Where: Jacksonville office — 2nd-floor conference room Wolf Retirement Navigation is hosting a wine tasting for all our clients. Join Adam for an informative client review, enjoy and learn about excellent wine selections, and discover how retirement planning doesn’t have to be all stress. This is a client-only event. Clients are allowed to bring a guest or family member.

Check future newsletters for additional details and important updates.

Gazpacho, an Andalusian soup made of blended vegetables and traditionally served cold, is the perfect refresher on a warm summer day.

SUDOKU

INGREDIENTS

• 2 1/2 lbs ripe tomatoes; cored, seeded, and cut into 1-inch chunks • 1 small cucumber; peeled, seeded, and cut into 1-inch chunks • 1 red bell pepper; cored, seeded, and sliced into ribbons • 1 small Vidalia onion, peeled and cubed 1. Place a blender and medium mixing bowl on your workstation. 2. Divide the tomato chunks, cucumber pieces, and bell pepper slices evenly between blender and bowl. Place entire onion in blender. 3. Add basil, garlic, olive oil, vinegar, salt, and pepper to blender. Blend on low, DIRECTIONS

• 1/4 cup basil leaves • 1 clove garlic, peeled • 1/4 cup extra-virgin olive oil • 2 tbsp sherry vinegar • Salt and freshly ground black pepper, to taste gradually raising speed to high until smooth, about 2 minutes. 4. Add blender contents to bowl and mix until just broken up, about 10–20 seconds. 5. Let mixture sit in fridge for a minimum of 2 hours. Transfer to bowls and serve.

Answer on Page 4

2 LOCATIONS TO SERVE YOU! Jacksonville & Fleming Island

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904-232-8760 www.wolfretirement.com 4230 Pablo Professional Court Ste. 101 Jacksonville, FL 32224

INSIDE

Solution to puzzle on Page 3

• Adam Wolf Climbs a Mountain PAGE 1

• Why You Should Play Pickleball PAGE 2

• How to Best Protect Yourself From Scam Calls PAGE 2

• Save the Date! PAGE 3

• Summertime Gazpacho PAGE 3

• Not Your Average Vacation Lodgings PAGE 4

America’s Weirdest Airbnbs

This Ain’t Motel 6!

Tips forYourTripBack inTime

When Airbnb was founded a little over a decade ago, the developers hoped to provide an alternative to traditional travel accommodations. Today, with annual revenue in the billions, the service is an industry unto itself. While most people use Airbnb to “live like a local” while traveling, you can find some truly wacky lodging options if you spend some time searching the platform. Here are just a few of the many contenders for the title of “Weirdest Airbnb in the U.S.” For ease of searching, the listings here have the same titles as they do on Airbnb.

living space in its undertow, combines the rustic charm of truly getting away from it all with modern amenities like Wi-Fi and in-home laundry. It’s a truly unique living space surrounded by pristine nature and not far from the historic Taos Pueblo. ManCave Apartment/Airplane Hangar Geneva, Florida Airbnb super hosts Dan and Deborah have no shortage of quirky properties for rent — including yurts and treehouses — but their apartment fashioned out of an airplane hangar surely takes the cake. You’d be forgiven for thinking it was a theme restaurant featuring eclectic aviation. Memorabilia lines the walls with a bar front and center, and the bed is in a loft high above the ground.

Dog Bark Park Inn B&B Cottonwood, Idaho

As you approach the Dog Bark Park Inn, you won’t have to guess if you’re in the right place. After all, how many buildings are shaped like beagles? When describing the space on Airbnb, the hosts make no bones about who this rental is aimed for. “Stay in a giant dog!” they say. In addition to being inside a massive wooden dog, you’ll find canine-themed games, books, and more. Talk about ruffing it.

Brand New Studio Earthship Taos, New Mexico

Earthships, houses run by clean energy and featuring reused materials, are a fixture of the Taos area. This one, which looks almost like a crashing wave with a

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2 LOCATIONS TO SERVE YOU! Jacksonville & Fleming Island

The Best We Can Be Support JaxPAL with the 29029 Everest Challenge Fundraiser

On Aug. 22, 2019, Adam Wolf will be taking on an endurance challenge unlike any other: the 29029 Everest Challenge in Utah. This extreme hike will push Adam to his very limits, both physically and mentally. To give this experience extra meaning, we have created a fundraiser to benefit the Police Athletic League of Jacksonville, or JaxPAL.

This partnership is about perseverance, overcoming obstacles, and striving to be the best that we can be. Here are two ways you can support the cause: • Give a flat donation. Adam will personally match every donation received. • Purchase raffle tickets to win some great prizes.

See other side for prizes

Raffle Prizes

Harold Law Voucher – $1000 Value This voucher, donated by Harold Law, is good for $1000 toward estate or business planning services.

Bark Urban Dog Boutique Gift Basket – $60 Value Bark, Jacksonville’s favorite pet boutique, has donated a gift basket filled with treats, toys, and other fun items any dog would love.

Whitey’s Fish Camp Gift Cards – $50 Value Chow down on some of the best seafood in Florida. Whitey’s Fish Camp has donated two $25 gift certificates for a total value of $50.

Night at the Jacksonville Symphony – $200 Value

Spend an evening at the Jacksonville symphony with this voucher — two concert tickets, valet parking (when available), and admission to the Exclusive Conductor’s Club intermission reception with complimentary refreshments.

Publix Aprons Cooking School – $240 Value Publix Aprons Cooking School has donated two $120 vouchers for two lucky winners for a demonstration class of your choice.

Handmade Quilt – $150 Value Stay cozy with this lovely handmade floral quilt made by quilt maker Kristine Klob. These wonderful prizes have been donated by generous members of the community to help JaxPAL in their mission to help underserved kids enjoy a better future. Join the mission and buy your raffle tickets for $5 each in office or online at WolfRetirement.com/everest .

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