The average career of a professional athlete is between 3 and 5 years.
"According to a 2009 Sports Illustrated article, 78% of National Football League (NFL) players are either bankrupt or are under financial stress within two years of retirement and an estimated 60% of National Basketball Association (NBA) players go bankrupt within five years after leaving their sport". (1) Pablo S. Torre (March 23, 2009). "How (and Why) Athletes Go Broke". Sports Illustrated. Archived from the original on 2009-08-11. Retrieved January 6, 2011.
Unfortunately, there are too many examples of athletes that earned millions of dollars during their careers and went broke after retiring. The reasons are similar in many cases: bad investment decisions, poor advice, pressure from family and friends, agents' conflicts of interest, etc...
In Segawa Consulting Group LLC, we are committed to giving them prudent guidance and planning for their futures.