The Financial Advice NFL Pros Wish They Got Sooner | NFL Players' Podcast #39
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In this episode of the NFL Players' Podcast, host Riccardo Stewart dives into the essential financial advice NFL players wish they had known earlier. Joined by former NFL players Sam Acho, Jeff Locke, and Zach Miller, the episode explores the critical lessons learned about choosing financial advisors, the value of having a supportive team, and leveraging unique investment opportunities. This discussion offers invaluable insights for both current and aspiring athletes, emphasizing the importance of informed financial decision-making.
Key Highlights
Sam Acho shares the importance of understanding the value of a supportive financial team during an NFL career.
Jeff Locke emphasizes getting transparent details in writing about how advisors are paid to avoid unnecessary costs.
Zach Miller discusses the unique investment opportunities for athletes and the importance of customized financial plans.
Insights are provided on how taxes and NFL benefits should be integrated into an athlete’s financial strategy.
Practical advice is given for athletes transitioning to the NFL or switching advisors, including key questions to ask.
Quotes
"If I knew then what I do now, I would have been so much better off from a time standpoint." – Sam Acho
"You need a team that can actually advise on your taxes and help you with your taxes, not just on the investment side." – Jeff Locke
"You are one of one. So you deserve a kind of one, your own individualized plan." – Zach Miller