http://thebiglead.com/2015/04/15/on...etirement-way-way-less-than-2009-si-estimate/
this is a sad statistic, but it must be hard to be frugal in this context. Big money coming in, etc etc.
The players association probably provides some opportunities for free or cheap and vetted investment advice.
I remember seeing video of Herm Edwards talk to NFL rookies in which he said, among other things, that you only need one - only one house, only car, only one wife.....as importance guidance.
I assume an individual NFL team cannot - under the collective bargaining agreement etc - do more for the long term financial health of their players. For guys below the star level, a promise of a modest amount of $ for a long while should be valuable.......cant cut a separate pension deal I suppose.
this is a sad statistic, but it must be hard to be frugal in this context. Big money coming in, etc etc.
The players association probably provides some opportunities for free or cheap and vetted investment advice.
I remember seeing video of Herm Edwards talk to NFL rookies in which he said, among other things, that you only need one - only one house, only car, only one wife.....as importance guidance.
I assume an individual NFL team cannot - under the collective bargaining agreement etc - do more for the long term financial health of their players. For guys below the star level, a promise of a modest amount of $ for a long while should be valuable.......cant cut a separate pension deal I suppose.
