Are You Certain Your Family Is Financially Secure?
As a Professional Athlete can you answer each of the following questions?
Where will the next $1,000 you make go?
Will it all go to your investment account?
Or like so many, will you thoughtlessly spend?
How long will your career last?
How much does your lifestyle cost?
Will you make enough money to retire without having to work?
What would happen if you suddenly passed away tomorrow?
How would your assets be distributed?
Who has legal custody of your children?
If you could not confidently answer each of the questions above, your family may not be financially secure. Each off-season as a professional athlete you spend hours preparing yourself to compete at the highest level with the goal of winning a championship. You are disciplined in your strength training, nutrition and skill development. So much preparation goes into your athletic career, which if you are blessed enough to be one of the best will end by the age of 40.
How much more critical is it to focus on securing your family’s financial future for generations to come?
Financial planning is the fundamental road map necessary for meeting your financial and lifestyle goals. According to Ernst & Young, middle- and upper-income people with a financial plan accumulate twice the savings of those without a plan.
Financial planning will benefit you by:
Assessing where you are in life
Deciding what events are likely to affect you
Planning in ways that help you control your financial future
You would have never left your career up to chance. You had a dream. You set goals. You developed a plan to accomplish those goals. And most importantly, You Executed.
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